The following information is available for completed job #402: direct materials,
ID: 2381381 • Letter: T
Question
The following information is available for completed job #402: direct materials, $60000; direct labor, $90000; manufacturing overhead applied, $45000; units produced 5000 units; units sold 4000 units. The cost of the finished goods on hand from this job isQuestion 7 options: 156000 30000 195000 39000 The following information is available for completed job #402: direct materials, $60000; direct labor, $90000; manufacturing overhead applied, $45000; units produced 5000 units; units sold 4000 units. The cost of the finished goods on hand from this job is
The following information is available for completed job #402: direct materials, $60000; direct labor, $90000; manufacturing overhead applied, $45000; units produced 5000 units; units sold 4000 units. The cost of the finished goods on hand from this job is
156000 30000 195000 39000 156000 30000 195000 39000 156000 30000 195000 39000
Explanation / Answer
Total Production cost = (direct materials) $60000 + (direct labor,) $90000 + ( manufacturing overhead applied,) $45000
Total Production cost =195000
Production cost per unit = 195000/5000 = $ 39
The cost of the finished goods on hand from this job is = 39*1000 = $39000
Answer: 39000
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