Solution-Find what would be the unit cost of good units

Find what would be the unit cost of good units produced

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Reference no: EM132738053

B Company manufactures chairs to the exacting specifications of various customers. During January 2020, Job 123 for the production of 1,100 chairs was completed at the following costs per unit:

Direct materials P10
Direct labor 8
Applied factory overhead 12
Total 30

Problem 1: Total Final inspection of Job 123 disclosed 50 defective units and 100 spoiled units. The defective chairs were reworked at a total cost of P500, and the spoiled chairs were sold to a jobber for P1,500. What would be the unit cost of the good units produced on Job 123?

Reference no: EM132738053

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Find what would be the unit cost of good units produced

Reference no: EM132738053

Reference no: EM132738053

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