Exhibit 21-13 Refer to Exhibit 21-13. What dollar amounts go in blanks (G)and (H), respectively?

Question

Exhibit 21-13 ​  Refer to Exhibit 21-13.  What dollar amounts go in blanks (G)and (H), respectively?

Quizplus · Accepted Answer

Blank (G) represents the total overhead cost per unit, which is calculated by dividing the total overhead cost by the total number of units produced. 
Total overhead cost = $2,000 + $1,500 = $3,500 
Total number of units produced = 25 + 25 + 50 = 100 
Total overhead cost per unit = $3,500 / 100 units = $35 per unit

Blank (H) represents the total cost per unit, which is calculated by adding the direct materials cost, direct labor cost, and overhead cost per unit. 
Direct materials per unit = $60 
Direct labor per unit = $20 
Overhead cost per unit = $35 
Total cost per unit = $60 + $20 + $35 = $115 per unit

Therefore, the answer is option C, with the dollar amounts in blank (G) and (H) being $200 and $30, respectively.

Exhibit 21-13 ​ Refer to Exhibit 21-13

Exhibit 21-13 Refer to Exhibit 21-13