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ss7ja [257]
2 years ago
14

At the end of April, Cavy Company had completed Job 766 and 765. According to the individual job cost sheets the information is

as follows:
Job

Direct Materials

Direct Labor

Machine Hours

Job 765

$5,670

$3,500

27

Job 766

$8,900

$4,775

44

Job 765 produced 152 units, and Job 766 consisted of 250 units.

Assuming that the predetermined overhead rate is applied by using machine hours at a rate of $200 per hour, determine the (a) balance on the job cost sheets for each job, and (b) the cost per unit at the end of April.
Business
1 answer:
IceJOKER [234]2 years ago
6 0

Answer:

Instructions are below.

Explanation:

Giving the following information:

Job 765:

Direct material= $5,670

Direct labor= $3,500

Machine Hours= 27

Job 766:

Direct material= $8,900

Direct labor= $4,775

Machine Hours= 44

Job 765 produced 152 units, and Job 766 consisted of 250 units.

Assuming that the predetermined overhead rate is applied by using machine hours at a rate of $200 per hour.

Costs sheet:

<u>Job 765:</u>

Direct material= 5,670

Direct labor= 3,500

Allocated overhead= 200*27= 5,400

Total cost= 14,570

Unitary cost= 14,570/152= $95.85

<u>Job 766:</u>

Direct material= 8,900

Direct labor= 4,775

Allocated overhead= 200*44= 8,800

Total cost= 22,475

Unitary cost= 22,475/250= $89.9

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3 0
3 years ago
Collin Printing began operations on January 1. On January 7, Collin purchased supplies on account for $1,000. At the end of Janu
Pie
Answer:
The proper adjusting journal entry at January 31
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Explanation:
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Answer:

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2 years ago
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Answer:

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The demand curve is represented as downward sloping curve. It slopes downward because the higher the price, the lower the quantity demanded and the lower the price, the higher the quanirty demanded.

A fall in demand is represented by a leftward shift of the demand curve. A rise in demand is represented by a rightward shift of the demand curve.

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