Jordan Manufacturing Uses a Predetermined Overhead Allocation Rate Based on a Percentage

Jordan Manufacturing uses a predetermined overhead allocation rate based on a percentage of direct labor cost.At the beginning of the year,it estimated the manufacturing overhead rate to be 30% times the direct labor cost.In the month of June,Jordan completed Job 13C,and its details are as follows: $$\begin{array} { | l | r | } \hline \text { Direct materials cost } & \$ 6,020 \\\hline \text { Direct labor cost } & \$ 25,000 \\\hline \text { Direct labor hours } & 30 \text { hours } \\\hline \text { Units of product produced } & 250 \\\hline\end{array}$$ What is the cost per unit of finished product of Job 13C? (Round your answer to the nearest cent.)

A) $154.08
B) $131.30
C) $124.12
D) $130.00

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free