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The Cameron Corporation manufactures custom-made purses. The following data pertains to Job XY5: Dir

The Cameron Corporation manufactures custom-made purses. The following data pertains to Job XY5:

Direct materials placed into production $4,000

Direct labor hours worked 50 hours

Direct labor rate per hour $15

Machine hours worked 100 hours

Factory overhead is applied using a plant-wide rate based on direct labor hours. Factory overhead was budgeted at $80,000 for the year and the direct labor hours were estimated to be 20,000. Job XY5 consists of 50 units.

What is the labor cost per unit for Job XY5?

a. $4

b. $15

c. $0.80

d. $40

What the total cost assigned to Job XY5?

a. $5,150

b. $4,400

c. $4,200

d. $4,950

Apr 03 2020 View more View Less

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