Chapter 2, Problem 5BE

(a)

To determine

Job costs

A job costs consists of all actual costs that are incurred for a particular job. All the products costs like direct material, direct labor, factory overhead) are totaled. The formula to calculate the cost per unit for each job is as follows:

$\text{Cost per unit of job =}\frac{\text{Total product cost}}{Number\text{ of units produced}}$

the balance on job cost sheets for jobs 200 and 305.

(b)

To determine

cost per unit for Jobs 200 and 305 at the end of May.