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Homework answers / question archive / Assume that spoiled loss is charged attributable to exacting specification of Job 501 during August 2003
Assume that spoiled loss is charged attributable to exacting specification of Job 501 during August 2003. What would be the unit cost of the good coats produced on Job 501? a. P 55.00 c. P 57.50 b. 58.00 d. 56.00
Answer
d .
Explanation
Computation of Unit Cost of Good Coats produced on Job 501:
Direct Material = P20
Direct Labor = P18
Factory Overhead = P18
Total Unit Cost = P56
So, the correct option is D "P56".