River Rafters produces side imaging sonar devices. 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 sonar devices, what was the unit cost of goods sold?

Question

River Rafters produces side imaging sonar devices.  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 sonar devices, what was the unit cost of goods sold?

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The Answer of River Rafters produces side imaging sonar devices.  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 sonar devices, what was the unit cost of goods sold?

River Rafters Produces Side Imaging Sonar Devices