Ask Question
20 October, 03:20

Calico Corporation produced 1 comma 900 units in Job 903. The following data is provided for Job 903 for the year: Direct materials used $ 3 comma 100 Direct labor costs $ 819 Actual manufacturing overhead rate per direct labor hour $17.15 Predetermined manufacturing overhead rate per direct labor hour $ 18.00 Direct labor hours used in Job 903 39 Direct labor rate per hour $ 21 What is the unit cost for Job 903? (Round to two decimal places.)

+3
Answers (1)
  1. 20 October, 03:45
    0
    Unitary cost = $2.23

    Explanation:

    Giving the following information:

    Units = 1,900

    Direct materials used $3,100

    Direct labor costs $819

    Predetermined manufacturing overhead rate per direct labor hour $8.00

    Direct labor hours used in Job 903 = 39

    We will consider the predetermined overhead rate.

    First, we need to calculate the total cost:

    Total cost = 3,100 + 819 + 8*39 = $4,231

    Now, the unitary cost:

    Unitary cost = 4,231/1,900 = $2.23
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Calico Corporation produced 1 comma 900 units in Job 903. The following data is provided for Job 903 for the year: Direct materials used $ ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers