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2, A company recently completed job #583. The company incurred direct materials of S40,610 and direct labor hours of 1,147. The direct labor wage rate was S11 per direct labor hour. The company completed 3,100 units for job #583. The company applies manufacturing overhead on the basis ofdirect labor-hours. The predetermined overhead rate is $20 per direct labor-hour. What was the unit product cost for job #5837
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Answer #1

Answer : $ 24.57

Unit Product Cost = Total Manufacturing cost / Units Produced

Total Manufacturing Cost = Direct Material + Direct Labour + Manufacturing Overheard

Calculation & Explanation

Data Units Produced Direct Material Direct Labor (1147 hrs *$11 Per hour) Manifacturing Over heads (1147 hrs *$20) 3100 40610

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