Managerial Accounting (15th Edition)

Published by McGraw-Hill Education
ISBN 10: 007802563X
ISBN 13: 978-0-07802-563-1

Chapter 3 - Job-Order Costing - The Foundational 15 - Required - Page 114: 4

Answer

Unit product cost for Job P: 2.120 Total manufacturing cost assigned to Job Q: 18.500

Work Step by Step

Total manufacturing cost assigned to Job P = Direct materials + Direct labor cost + Manufacturing overhead applied =13.000 + 21.000 + 8.400 = 42.400 Unit product cost= Total manufacturing cost / Number of units in the job = 42.400 / 20= 2.120 Total manufacturing cost assigned to Job Q = Direct materials + Direct labor cost + Manufacturing overhead applied = 8.000 + 7.500 + 3.000 = 18.500
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