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Question
At the end of April, Cavy Company had completed Jobs 765 and 766. The individual job cost sheets reveal the following information:
| Job | Direct Materials | Direct Labor | Machine Hours |
| Job No. 765 | $5,670 | $3,500 | 27 |
| Job No. 766 | 8,900 | 4,775 | 44 |
Job 765 produced 152 units, and Job 766 consisted of 250 units.
Assuming that the predetermined factory overhead rate is applied by using machine hours at a rate of $200 per hour, determine the (a) balance on the job cost sheets for each job and (b) the cost per unit at the end of April.
Answer
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