At the end of April, Cavy Company had completed Jobs 766 and 765. According to the...
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 $10,080 $3,024 36
Job 766 $14,877 $4,698 87
Job 765 consisted of 216 units, and Job 766 consisted of 261 units.
Assuming that the predetermined overhead rate is applied by using machine hours at a rate of $137 per hour.
a. Determine the balance on the job cost sheets for each job.
Job 765 $ ______
Job 766 $ ______
b. Determine the cost per unit at the end of April. Round to the nearest cent.
Job 765 $ ______
Job 766 $ ______
Homework Answers
a) Job Cost sheet
| Job 765 | Job 766 | |
| Direct material | 10080 | 14877 |
| Direct labor | 3024 | 4698 |
| Overhead | 36*137 = 4932 | 87*137 = 11919 |
| Total | 18036 | 31494 |
b) Cost per unit
| Job 765 | Job 766 | |
| Direct material | 10080 | 14877 |
| Direct labor | 3024 | 4698 |
| Overhead | 36*137 = 4932 | 87*137 = 11919 |
| Total | 18036 | 31494 |
| Unit | 216 | 261 |
| Unit cost | 83.50 | 120.67 |
Add Answer to:
At the end of April, Cavy Company had completed Jobs 766 and
765. According to the...
At the end of April, Cavy Company had completed Jobs 766 and 765. The individual job...
At the end of April, Cavy Company had completed Jobs 766 and 765. The individual job cost sheets reveal the following information: Job Direct Materials Direct Labor Machine Hours Job 765 $5,600 20 $1,680 3,834 Job 766 12,141 71 Job 765 produced 120 units, and Job 766 consisted of 284 units. Assuming that the predetermined overhead rate is applied by using machine hours at a rate of $130 per hour. a. Determine the balance on the job cost sheets for...
At the end of April, Cavy Company had completed Jobs 766 and 765. The individual job...
At the end of April, Cavy Company had completed Jobs 766 and 765. The individual job cost sheets reveal the following information: Job Direct Labor Direct Materials $10,920 Job 765 $3,276 Machine Hours 39 80 Job 766 13,680 4,320 Job 765 produced 234 units, and Job 766 consisted of 400 units. Assuming that the predetermined overhead rate is applied by using machine hours at a rate of $110 per hour. a. Determine the balance on the job cost sheets for...
Calculator At the end of April, Cavy Company had completed Job 766 and 765. According to...
Calculator At the end of April, Cavy Company had completed Job 766 and 765. According to the individual job cost sheets the information is as follows: Direct Materials Direct Labor Machine Hours Job Job 765 Job 766 $6,160 $1,848 4,374 13,851 Job 765 consisted of 132 units, and Job 766 consisted of 405 units. Assuming that the predetermined overhead rate is applied by using machine hours at a rate of $141 per hour. a. Determine the balance on the job...
1) 2) 3) 4) 5) Mocha Company manufactures a single product by a continuous process, involving...
1)
2)
3)
4)
5)
Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicate that direct materials, direct labor, and applied factory overhead for Department 1 were $100,000, $125,000, and $150,000, respectively. Work in process at the beginning of the period for Department 1 was $75,000, and work in process at the end of the period totaled $60,000. The records indicate that direct materials, direct labor, and applied factory overhead for Department...
At the end of April, Kaye Company had completed Jobs 50 and 51. Job 50 is...
At the end of April, Kaye Company had completed Jobs 50 and 51. Job 50 is for 1,000 units, and Job 51 is for 200 units. The following data relate to these two jobs: On April 20, raw materials were requisitioned for production as follows: 700 units for Job 50 at $16 per unit and 1,200 units for Job 51 at $22 per unit. During April, Kaye Company accumulated 400 hours of direct labor costs on Job 50 and 900...
Job Costs At the end of April, Prichard Company had completed Jobs 50 and 51. Job...
Job Costs At the end of April, Prichard Company had completed Jobs 50 and 51. Job 50 is for 200 units, and Job 51 is for 500 units. The following data relate to these two jobs: On April 20, raw materials were requisitioned for production as follows: 200 units for Job 50 at $12 per unit and 1,200 units for Job 51 at $12 per unit. During April, Prichard Company accumulated 500 hours of direct labor costs on Job 50...
Job Costs At the end of April, Kaye Company had completed Jobs 50 and 51. Job...
Job Costs At the end of April, Kaye Company had completed Jobs 50 and 51. Job 50 is for 1,000 units, and Job 51 is for 500 units. The following data relate to these two jobs: On April 20, raw materials were requisitioned for production as follows: 300 units for Job 50 at $24 per unit and 1,100 units for Job 51 at $12 per unit. During April, Kaye Company accumulated 700 hours of direct labor costs on Job 50...
Job Costs At the end of April, Kaye Company had completed Jobs 50 and 51. Job...
Job Costs At the end of April, Kaye Company had completed Jobs 50 and 51. Job 50 is for 500 units, and Job 51 is for 200 units. The following data relate to these two jobs: On April 20, raw materials were requisitioned for production as follows: 500 units for Job 50 at $10 per unit and 1,400 units for Job 51 at $24 per unit. During April, Kaye Company accumulated 200 hours of direct labor costs on Job 50...
Job Costs At the end of April, Kaye Company had completed Jobs 50 and 51. Job...
Job Costs At the end of April, Kaye Company had completed Jobs 50 and 51. Job 50 is for 500 units, and Job 51 is for 200 units. The following data relate to these two jobs: On April 20, raw materials were requisitioned for production as follows: 500 units for Job 50 at $10 per unit and 1,400 units for Job 51 at $24 per unit. During April, Kaye Company accumulated 200 hours of direct labor costs on Job 50...
Job Costs At the end of April, Prichard Company had completed Jobs 50 and 51. Job...
Job Costs At the end of April, Prichard Company had completed Jobs 50 and 51. Job 50 is for 1,000 units, and Job 51 is for 200 units The following data relate to these two jobs: Job at $20 per unit and 1,400 units for Job 51 On April 20, raw materials were requisitioned for production as follows: 500 units for at $22 per unit. During April, Prichard Company accumulated 700 hours of direct labor costs on Job 50 and...
At the end of April, Cavy Company had completed Jobs 766 and 765. The individual job cost sheets reveal the following information: Job Direct Materials Direct Labor Machine Hours Job 765 $5,600 20 $1,680 3,834 Job 766 12,141 71 Job 765 produced 120 units, and Job 766 consisted of 284 units. Assuming that the predetermined overhead rate is applied by using machine hours at a rate of $130 per hour. a. Determine the balance on the job cost sheets for...
At the end of April, Cavy Company had completed Jobs 766 and 765. The individual job cost sheets reveal the following information: Job Direct Labor Direct Materials $10,920 Job 765 $3,276 Machine Hours 39 80 Job 766 13,680 4,320 Job 765 produced 234 units, and Job 766 consisted of 400 units. Assuming that the predetermined overhead rate is applied by using machine hours at a rate of $110 per hour. a. Determine the balance on the job cost sheets for...
Calculator At the end of April, Cavy Company had completed Job 766 and 765. According to the individual job cost sheets the information is as follows: Direct Materials Direct Labor Machine Hours Job Job 765 Job 766 $6,160 $1,848 4,374 13,851 Job 765 consisted of 132 units, and Job 766 consisted of 405 units. Assuming that the predetermined overhead rate is applied by using machine hours at a rate of $141 per hour. a. Determine the balance on the job...
1)
2)
3)
4)
5)
Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicate that direct materials, direct labor, and applied factory overhead for Department 1 were $100,000, $125,000, and $150,000, respectively. Work in process at the beginning of the period for Department 1 was $75,000, and work in process at the end of the period totaled $60,000. The records indicate that direct materials, direct labor, and applied factory overhead for Department...
Job Costs At the end of April, Kaye Company had completed Jobs 50 and 51. Job 50 is for 500 units, and Job 51 is for 200 units. The following data relate to these two jobs: On April 20, raw materials were requisitioned for production as follows: 500 units for Job 50 at $10 per unit and 1,400 units for Job 51 at $24 per unit. During April, Kaye Company accumulated 200 hours of direct labor costs on Job 50...
Job Costs At the end of April, Kaye Company had completed Jobs 50 and 51. Job 50 is for 500 units, and Job 51 is for 200 units. The following data relate to these two jobs: On April 20, raw materials were requisitioned for production as follows: 500 units for Job 50 at $10 per unit and 1,400 units for Job 51 at $24 per unit. During April, Kaye Company accumulated 200 hours of direct labor costs on Job 50...
Job Costs At the end of April, Prichard Company had completed Jobs 50 and 51. Job 50 is for 1,000 units, and Job 51 is for 200 units The following data relate to these two jobs: Job at $20 per unit and 1,400 units for Job 51 On April 20, raw materials were requisitioned for production as follows: 500 units for at $22 per unit. During April, Prichard Company accumulated 700 hours of direct labor costs on Job 50 and...
Most questions answered within 3 hours.
-
Do you think cell phones should be allowed on airplanes?
answer for a data communications course.
asked 5 hours ago -
This question is a variant of the Sport Hotel example that was
presented in class, in...
asked 5 hours ago -
Choose the type of employee performance appraisal format that
you think would be most effective in...
asked 6 hours ago -
Part 1
We’ve already done quite a bit of work on projected costs for My
Assistant,...
asked 7 hours ago -
Over the past century, which agent of socialization has declined
in importance? Please explain your reason....
asked 7 hours ago -
3. Sketch the graphs of the beta distribution having (to make it
readable, please sketch the...
asked 8 hours ago -
1.- Mark has received a very expensive protein that may be
critical in the discovery for...
asked 8 hours ago -
An AC circuit includes a capacitor of 2.0 micro ferads and an
inductor of inductance 8.3...
asked 8 hours ago -
A uniform magnetic field of magnitude 0.80 T in the negative
z-direction is present in a...
asked 8 hours ago -
CHAPTER 10: BEHIND THE SCENES: SOFTWARE
PROGRAMMING
Web Project: Programming Languages
The building blocks of programming...
asked 8 hours ago -
What is the speed of an electron whose kinetic energy equals its
rest mass?
asked 8 hours ago -
Why are firewalls needed?
Provide an example of one type of firewall and how it functions
asked 8 hours ago