Jezebel Company completed Job 12 and several other jobs in the last week. The cost details of Job 12 are shown below: $$\begin{array} { | l | r | }
\hline \text { Direct labor cost } & \$ 840 \
\hline \text { Direct materials cost } & \$ 1,100 \
\hline \text { Machine hours } & 7 \text { hours } \
\hline \text { Direct labor hours } & 22 \text { hours } \
\hline \text { Predetermined overhead allocation rate per machine hour } & \$ 90 \
\hline
\end{array}$$ What is the cost per unit of finished product produced under Job 12?

Question

Jezebel Company completed Job 12 and several other jobs in the last week. The cost details of Job 12 are shown below: $$\begin{array} { | l | r | } 
\hline \text { Direct labor cost } & \$ 840 \
\hline \text { Direct materials cost } & \$ 1,100 \
\hline \text { Machine hours } & 7 \text { hours } \
\hline \text { Direct labor hours } & 22 \text { hours } \
\hline \text { Predetermined overhead allocation rate per machine hour } & \$ 90 \
\hline
\end{array}$$ What is the cost per unit of finished product produced under Job 12?

Quizplus · Accepted Answer

To calculate the cost per unit of finished product under Job 12, we need to use the following formula:

Total cost of Job 12 / Units produced under Job 12

To find the total cost of Job 12, we need to add the direct labor cost, direct materials cost, and overhead cost. The overhead cost is calculated as follows:

Overhead cost = Predetermined overhead allocation rate per machine hour x Machine hours

Overhead cost = $90 x 7 hours = $630

Therefore, the total cost of Job 12 = $840 + $1,100 + $630 = $2,570

To find the units produced under Job 12, we need to know the output of the job. However, this information is not provided in the question. Without this information, we cannot calculate the cost per unit of finished product. Therefore, the question is incomplete and cannot be answered.

Jezebel Company Completed Job 12 and Several Other Jobs in the Last