Luxury Bath Company produces Japanese-style soaking bath tubs.The company uses a job order costing system.During the period, the company incurred the following costs to complete job #SIS423: direct materials, $110,000 and direct labor, $128,000.The company also incurred $14,000 of administrative costs and $18,000 of selling costs to complete this job.Job #SIS423 required 10,600 machine hours.Factory overhead was applied to the job at a rate of $20 per machine hour.If job #SIS423 resulted in 1,800 soaking tubs, what was the unit Cost of Goods Sold ?

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The Answer of Luxury Bath Company produces Japanese-style soaking bath tubs.The company uses a job order costing system.During the period, the company incurred the following costs to complete job #SIS423: direct materials, $110,000 and direct labor, $128,000.The company also incurred $14,000 of administrative costs and $18,000 of selling costs to complete this job.Job #SIS423 required 10,600 machine hours.Factory overhead was applied to the job at a rate of $20 per machine hour.If job #SIS423 resulted in 1,800 soaking tubs, what was the unit Cost of Goods Sold ?

Luxury Bath Company Produces Japanese-Style Soaking Bath Tubs