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Job Costs At the end of April, Kaye Company had completed Jobs 50 and 51....

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Job Costs At the end of April, Kaye Company had completed Jobs 50 and 51. Job 50 is for 500 units, and lob 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 and 700 hours on Job 51. The total direct labor was incurred at a rate of $18 per direct labor hour for Job 50 and $24 per direct labor hour for Job 51. The predetermined factory overhead rate is $8.00 per direct labor hour. a. Determine the balance on the job cost sheets for Jobs 50 and 51 at the end of April. Job 50 10.200 Job 51 259 X b. Determine the cost per unit for Jobs 50 and 51 at the end of April. Round all answers to the nearest whole cent. Job 50 259 x Job 51 259 Feedback Check My Work a. The job oost sheet summarizes the direct materials, direct labor and factory overhead assigned to the job. b. The total cost for each job should be assigned to the units completed for each job. Learning Objective 2

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