Solution-Determine unit product costs of special and

Determine unit product costs of special and regular products

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Reference no: EM132773666

JHLR Corporation makes ultra-lightweight backpacking tents. Data concerning the company's two product lines appear below:

Direct materials per unit P60.00 P45.00

Direct labor per unit P9.60 P7.20

Direct labor-hours per unit 0.8 DLHs 0.6LHs

Estimated annual production 10,000 units 70,000 units

The company has a traditional costing system in which manufacturing overhead is applied to units based on direct labor-hours. Data concerning manufacturing overhead and direct labor-hours for the upcoming year appear below:

Estimated total manufacturing overhead P290,000

Estimated total direct labor-hours 50,000 DLHS

Required:

Problem 1. Determine the unit product costs of the Special and Regular products under the company's traditional costing system.

Reference no: EM132773666

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Determine unit product costs of special and regular products

Reference no: EM132773666

Reference no: EM132773666

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