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: | |||||