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* withdrawn from the inventory.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
Direct material yield variance (MYV) :   It has been described by the ICMA, London, as 'the variation between the standard yield of the actual material input and the actual yi

Morrow Company applies overhead based on direct labor hours. At the beginning of the year, Morrow estimates overhead to be $620,000, machine hours to be 180,000, and direct labor h

As a potential investor, what is the problem with different countries having different accounting standards? As the president of a multinational company, what is the problem with

Q. Show the Profit volume charts? A variation of a break-even chart, representing graphically the relationship between profit &losses at different levels of sales volume achiev

What depreciation method does Amazon use for property and equipment? What is the range of useful lives for buildings and for fixtures and equipment? Do these useful lives make sens

what are importance of cost classification

advantages and disadvantages of just in time

Three oligopolists, A, B and C, produce an identical product, Q. Q is produced under conditions of constant costs, that is, AC = MC = $100. The market demand schedule for Q is:


1) Define Elasticity.  If you have a product where elasticity is less than one, what does that mean?  Is it good, bad for the firm? 2) Why will firms not shut down as soon as th