Cost Accounting (15th Edition)

Published by Prentice Hall
ISBN 10: 0133428702
ISBN 13: 978-0-13342-870-4

Chapter 4 - Job Costing - Assignment Material - Exercises - Page 141: 4-27(2)

Answer

Cost per Pipe ≈ $12.91 per pipe

Work Step by Step

Calculate the cost per pipe for Job M1: Cost per Pipe = Total Cost $\div$ Number of Pipes Produced Cost per Pipe = $14,200 \div 1,100$ pipes
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