During the Year, Job EH-02 for 900 Units Was Started

question 93

Short Answer

During the year, Job EH-02 for 900 units was started and completed. Costs entered on the job order cost sheet for this job were $19,600 for materials and $10,135 for labor. The firm applies overhead at the rate of 70% of direct labor costs.
1. What is the amount of overhead that should be applied to the job?
2. What is the total cost of the job?
3. What is the unit cost of the units produced?

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Definitions:

Preventing Violence

Consists of implementing strategies and policies to avoid aggressive behavior or harm within a workplace or community.

Security Procedures

Guidelines and measures implemented to protect an organization's assets, information, and personnel from threats and risks.

Disarm Persons

The process of removing or taking away weapons from individuals, often for safety and security reasons.

Participative Management

A management style where employees are involved in decision-making processes within the organization.