Business, 12.03.2021 15:00 kennedymattkm
At the end of April, Cavy Company had completed Jobs 766 and 765. According to the individual job cost sheets the information is as follows:
Job Direct Materials Direct Labor Machine Hours
Job 765 $6,720 $2,016 24
Job 766 $12,141 $3,834 71
Job 765 consisted of 144 units, and Job 766 consisted of 284 units. Assuming that the predetermined overhead rate is applied by using machine hours at a rate of $127 per hour. Determine the:
a. balance on the job cost sheets for each job
b. the cost per unit at the end of April.
Answers: 3
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