Haddows,Inc.completed Job GH6 last month.The cost details of GH6 are shown below. $$\begin{array} { | l | l | }
\hline \text { Direct labor cost } & \$ 2000 \
\hline \text { Direct materials cost } & \$ 90 \
\hline \text { Direct labor hours } & \text {7 hours } \
\hline \text { Predetermined overhead allocation rate per direct labor } & \
\text { hour } & \$ 71 \
\hline \text { Number of units of finished product } & 34 \
\hline
\end{array}$$ Calculate the cost per unit of the finished product of Job GH6.(Round your answer to the nearest cent.)

Question

Haddows,Inc.completed Job GH6 last month.The cost details of GH6 are shown below. $$\begin{array} { | l | l | } 
\hline \text { Direct labor cost } & \$ 2000 \
\hline \text { Direct materials cost } & \$ 90 \
\hline \text { Direct labor hours } & \text {7 hours } \
\hline \text { Predetermined overhead allocation rate per direct labor } & \
\text { hour } & \$ 71 \
\hline \text { Number of units of finished product } & 34 \
\hline
\end{array}$$ Calculate the cost per unit of the finished product of Job GH6.(Round your answer to the nearest cent.)

Quizplus · Accepted Answer

The total cost of Job GH6 is calculated by adding direct labor cost ($2000), direct materials cost ($90), and overhead cost (7 hours * $71 = $497). The total cost is $2000 + $90 + $497 = $2587. The cost per unit is $2587 / 34 units = $76.09.

Haddows,Inc Calculate the Cost Per Unit of the Finished Product of Shown