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levacccp [35]
3 years ago
8

Job 412 was one of the many jobs started and completed during the year. The job required $9,500 in direct materials and 35 hours

of direct labor time at a total direct labor cost of $10,400. If the job contained four units and the company billed at 70% above the unit product cost on the job cost sheet, what price per unit would have been charged to the customer
Business
1 answer:
forsale [732]3 years ago
3 0

Answer:

The appropriate answer is "$8,457,50".

Explanation:

The given values are:

Direct material cost,

= $9,500

Direct labor cost,

= $10,400

Units completed in job 412,

= 4

Now,

The total cost for completion of job 412 will be:

=  Direct \ materials \ cost + Direct \ labor \ costs

On substituting the values, we get

=  9,500 + 10,400

=  19,900 ($)

Unit produced cost will be:

=  \frac{19,900}{4}

=  4,975 ($)

70% of unit produced cost will be the profit margin, then

=  70 \ percent\times 4,975

=  3,482.50 ($)

hence,

The price charged to the customer will be:

=  Unit \ product \ cost + Profit \ margin

On substituting the values, we get

=  4,975 + 3,482.50

=  8,457,50 ($)

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just olya [345]

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5 0
3 years ago
We know that the longer a person saves, the more time their savings have to compound and grow. Given that fact, why do you think
vivado [14]

Answer:

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Answer:

c. ​ More items purchased when prices drop

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Hope that helps.

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