Compute the cost per unit, Cost Accounting

Assume that during April, the job cost sheet for Job 206 showed the following: 

                                                       Dept. A                   Dept. B

Materials requisitioned*              $ 4000                 $ 3000

Direct labor hours                                 300                        90

Machine hours                                       80                           170

Overhead Applied                                 ?                             ?

* withdrawn from the inventory. 

Required: 

§ Compute the total overhead charged to Job 206.

§ Compute  the cost per unit for the Job 206-assuming the job order was to produce 20 units

Job Cost Sheet for Job Order No. 206

 

 

 

 

Amount in $

Direct Materials

 

 

Department A

      4,000.00

 

Department B

      3,000.00

         7,000.00

Direct labor

 

 

Department A (15* 300)

      4,500.00

 

Department B (12.08*90)

      1,087.20

         5,587.20

 

 

 

Prime Cost

 

       12,587.20

Overheads:

 

 

Department A (49* 300)

    14,700.00

 

Department B (20*170)

      3,400.00

       18,100.00

 

 

 

Total cost

 

       30,687.20

 

 

 

 

 

 

     
     

Total overhead charged to Job 206 is $ 18,100.

   
     

Units Produced in Job 206 = 20

   

Total cost incurred in Job 206 =  $ 30,687.20

   

Cost per unit for the Job 206 = 30,687.20/20 = $1,534.36

      1,534.36

 

 

Posted Date: 7/23/2012 2:32:31 AM | Location : United States







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