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Calculate the cost of production per unit for each job

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Reference no: EM132566741

Company X has provided the following information and requested that you calculate the production cost per unit of jobs #154 and #65.

Job #154:

  • Number of manufactured units = 30
  • Consumed raw materials = 10 kg of plastic, with cost 5 SAR per kg;
  • 15 units of wood, the price of wood is 20 SAR per unit;
  • Direct labor = 10 hours, with the cost of 12 SAR per hour

Job #65:

Number of manufactured units is 40;

  • 20 kg of plastic
  • 15 units of wood;
  • 30 hours of direct labor

Moreover, the manufacturing overhead of this company is 1000 RAS. Suppose that the company choose the number of consumed woods as allocation base:

Question 1. Calculate the rate of allocation of MOH.

Question 2. Calculate the cost of production per unit for each job.

Reference no: EM132566741

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