Number of units completed 3,600 units
The company applies manufacturing overhead on the basis of direct labor-hours. The predetermined overhead rate is $ 24 per direct laborhour.
Compute the unit product cost that would appear on the job cost sheet for this job.
3. Question:
( TCO F) Miller Company manufactures a product for which materials are added at the beginning of the manufacturing process. A review of the company ' s inventory and cost records for the most recently completed year revealed the following information:
Units Materials Conversion
Work in process. Jan. 1( 80 % complete with respect to conversion costs)
100,000 $ 100,000 $ 157,500 Units started into production