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# 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 \$ ______

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

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