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* withdrawn from the inventory.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







Related Discussions:- Compute the cost per unit, Assignment Help, Ask Question on Compute the cost per unit, Get Answer, Expert's Help, Compute the cost per unit Discussions

Write discussion on Compute the cost per unit
Your posts are moderated
Related Questions
Samuel Construction Company engaged in a contract to construct a building on 1 July 2011 with completion of the contract by the 30 June 2014.  The contract price amounted to a tota

The time of cashflows for the project are as follows; Operating Income (rent) is received annually, in advance. For NPV purposes they are assumed to have been received at th

XYZ Pvt Ltd is a private company incorporated in Australia, and manufactures handbags. The opening balance of XYZ Pvt Ltd's franking account on 1 July 2010 was $nil. During the 201

If question (CA IPCC) is silent which method to follow: avg cost or fifo or lifo?

Controllable and Non Controllable Costs Controllable costs can be influenced on the level of authority at that they are being analyzed when non-controllable costs cannot.

Assume that you are the purchaser of the building at the end of the construction period, and you have paid the developer an amount which gives you a 7% annual return on net revenue

The Critical Thinking about CVP is described below CVP is more than just a mathematical tool/device to calculate values such as the break-even point. It can be used for the cri

A. Bolero Industries Ltd. has been approached by a customer who would like a special job to be done for her, and is willing to pay $60,000 for it. The job would require the followi

Following figures are taken from annual budget of ABC manufacturers for the year 2013: Fixed factory overhead Rs. 4,000,000 Factory overhead absorption rate Rs. 70 per direct labor

Explain the following types of costs. a. Fixed and variable costs b. Explicit and implicit costs c. Direct and indirect costs d. Past and future costs e.