Job 827 Was Recently Completed

question 114

Essay

Job 827 was recently completed.The following data have been recorded on its job cost sheet: The company applies manufacturing overhead on the basis of machine-hours.The predetermined overhead rate is $13 per machine-hour.
Required:
Compute the unit product cost that would appear on the job cost sheet for this job.

---

Definitions:

Supplies Expense

The cost associated with consumable supplies used during an accounting period in the operation of a business.

Supplies

Items used in the day-to-day operations of a business, such as office supplies, which are essential for conducting business activities.

Inventory

The cumulative inventory of products and materials retained by a business for selling or for use in manufacturing.

Unearned Rent Revenue

Represents income received by a property owner for which the services (rental period) have not yet been provided.