Job 218 was one of the many jobs started and completed during the year. The job
ID: 2378058 • Letter: J
Question
Job 218 was one of the many jobs started and completed during the year. The job required $4,000 in direct materials and 500 hours of direct labor time at a rate of $10 per hour. If the job contained 550 units and the company billed at 75% above the unit product cost on the job cost sheet, what price per unit would have been charged to the customer? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)
Job 218 was one of the many jobs started and completed during the year. The job required $4,000 in direct materials and 500 hours of direct labor time at a rate of $10 per hour. If the job contained 550 units and the company billed at 75% above the unit product cost on the job cost sheet, what price per unit would have been charged to the customer? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)
Explanation / Answer
$ materials 4000 labour 5000 total cost 9000 profit 6750 revenue 15750 price per unit 15750/550 =28.64
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