At the end of April, Cavy Company had completed Jobs 766 and 765. The individual...
90.2K
Verified Solution
Link Copied!
Question
Accounting
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 $11,200 15,219 40 Job 766 $3,360 4,806 89 Job 765 produced 240 units, and Job 766 consisted of 356 units. Assuming that the predetermined overhead rate is applied by using machine hours at a rate of $116 per hour. a. Determine the balance on the job cost sheets for each job. 765 Job 766 b. Determine the cost per unit at the end of April. Round your answers to the nearest cent. Job 765 $ Job 766
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!