Answer:
a)
Job Direct Materials Direct Labor overhead Total Job cost
Job 765 $6,160 $1,848 $3,366 $11,374
Job 766 $10,944 $3,456 $9,792 $24,192
b)
For Job 765 = $86.167
For Job 765 = $126
Explanation:
Data provided in the question:
Job Direct Materials Direct Labor Machine Hours
Job 765 $6,160 $1,848 22
Job 766 $10,944 $3,456 64
Overhead rate = $153 per hour
Job 765 consisted = 132 units
766 consisted = 192 units
now,
Overhead = Machine Hours × Overhead rate
For Job 765 = 22 × 153
= $3366
For Job 766 = 64 × 153
= $9792
Total job cost i.e balance on the job cost sheets
= Direct Materials + Direct Labor + overhead
a)
Job Direct Materials Direct Labor overhead Total Job cost
Job 765 $6,160 $1,848 $3,366 $11,374
Job 766 $10,944 $3,456 $9,792 $24,192
b)
Cost per unit = [ Total job cost ] ÷ Total units
For Job 765 = $11,374 ÷ 132
= $86.167
For Job 765 = $24,192 ÷ 192
= $126
