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snow_tiger [21]
3 years ago
6

On March 1, Job 10 had a beginning balance of $500. During March, direct materials of $800 and direct labor of $300 were added t

o the job. Overhead is applied to production at a rate of 40% of direct labor. There are 4 units in Job 10. What is the unit cost?
Business
1 answer:
liubo4ka [24]3 years ago
7 0

Answer:

Total Unit cost            430  $/Unit

Explanation:

ALCULATE UNIT COST :

AMOUNT

Beginning work in process  500

Direct material                  800

Direct labour                          300

Overhead (300*40%)          120

Total cost of job                  1720

Units                                   4

Unit cost                                  430

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Answer:

C. They produce most available goods and services.

Explanation:

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In the free market economy, profits are the primary motivating factors to engage in business. The private sector produces goods and services that will generate profits for the businesses.

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The correct to the first fill in the blank is positive and answer to second fill in the blank is increase .

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