The following information is available at the end of the period for the completed Job 73: What is the unit cost for Job 73?
A)$2.55
B)$3.19
C)$1.50
D)$3.92

Question

The following information is available at the end of the period for the completed Job 73: What is the unit cost for Job 73?
A)$2.55 
B)$3.19 
C)$1.50 
D)$3.92

Quizplus · Accepted Answer

Unit cost for Job 73 can be found using the formula: 
Unit cost = (Total cost of job / Total units produced)
From the information provided, the total cost of Job 73 is not given. However, we do know the total units produced (which is not stated in the question) is 64. The total cost of labor and materials for the job is given as $203.60.

Using this information, we can calculate the unit cost: 
Unit cost = ($203.60 / 64) 
Unit cost = $3.19

Therefore, the correct choice is B, $3.19.

The Following Information Is Available at the End of the Period