Beginning balance Job No. 58 $20 000
Direct Materials issued to job in the current period $30 600
Direct Labour charged to job in the current period $24 500
Manufacturing overhead applied in the current period $ 40 100
Total number of units produced by Job 58 26 000
What is the unit cost for Job 58?

Question

Quizplus · Accepted Answer

The total cost for Job 58 is the sum of the beginning balance, direct materials, direct labor, and manufacturing overhead: $20,000 + $30,600 + $24,500 + $40,100 = $115,200. The unit cost is the total cost divided by the number of units produced: $115,200 / 26,000 = $4.43.

Beginning Balance Job No. 58 $20 000