Franta Corporation Uses a Job-Order Costing System with a Single

question 142

Essay

Franta Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on 70,000 direct labor-hours, total fixed manufacturing overhead cost of $238,000, and a variable manufacturing overhead rate of $2.70 per direct labor-hour. Job P873, which was for 50 units of a custom product, was recently completed. The job cost sheet for the job contained the following data:
Required:Calculate the unit product cost for Job P873.

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Definitions:

Regularly Smoke

The habit of smoking tobacco products consistently over a period, which poses significant health risks.

Regularly Consume

To frequently eat or drink something as part of one's diet.

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A mental process of disconnecting from one's thoughts, feelings, memories, or sense of identity.