Job 484 Was Recently Completed

question 64

Essay

Job 484 was recently completed.The following data have been recorded on its job cost sheet: The company applies manufacturing overhead on the basis of direct labor-hours.The predetermined overhead rate is $24 per direct labor-hour.
Required:
Compute the unit product cost that would appear on the job cost sheet for this job.

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Definitions:

Negative

A term used to describe values, numbers, or expressions that are less than zero, often indicating a direction opposite to what is considered positive.

Positive

A term indicating a value greater than zero, or a positive direction or effect.

Sample Mean

The average value of a random sample taken from a population.

Symbols

Characters or marks used to represent objects, quantities, or concepts in various fields like mathematics, music, and art.