A corporation manufactures a specialty line of dresses using a job-order costing system. During January, the following costs were incurred in completing job J-1: Direct labor 32,000
| A corporation manufactures a specialty line of dresses using a job-order costing system. During January, the following costs were incurred in completing job J-1: | |||||
| Direct labor | 32,000 | ||||
| Direct materials | 12,000 | ||||
| Administrative costs | 3,500 | ||||
| Selling costs | 9,000 | ||||
| Factory overhead was applied at the rate of $32 per direct labor hour, and job J-1 required 395 direct labor hours. If job J-1 resulted in 1,200 good dresses, the cost of goods sold per unit is: | |||||
| Answer: | |||||