Find what is the total product cost per unit of product x

Assignment Help Cost Accounting
Reference no: EM132722289

Problem 1: One morning, a customer brings a rush order of 2,600 units of product X at a unit sales price of 50 per unit. The company agrees to produce the goods at weekend. The regular working days of the company is from Monday to Friday. Sixty of the direct labor employees who earns 50 per hour worked eight hours each day on Saturday and Sunday to complete the job. The company's policy on overtime during weekend is time and a half. Materials costing 3 per unit was used on the order. Overhead rate is 12 per hour. What is the total product cost per unit of product X?

Reference no: EM132722289

Questions Cloud

How much of the above amount is? interest : Mr. Nowak has contributed ?$106.00 at the end of each month into an RRSP paying 3% per annum compounded annually.
Calculate the net benefit or cost to the bremer corporation : What other nonfinancial and qualitative factors should Brmeer Consider before deciding on whether it should implement a JIT system?
Fair market value of perpetual preferred : What is the fair market value of its perpetual preferred share just after payment of a dividend at the end of the quarter (ordinary)?
What is the size of the monthly ?payment : If interest in his account is 8.3?% compounded quarterly?, and the balance after seven years is ?$13,500?, what is the size of the monthly ?payment?
Find what is the total product cost per unit of product x : Materials costing 3 per unit was used on the order. Overhead rate is 12 per hour. What is the total product cost per unit of product X?
Agency relationship exist in the corporate : What are the main reason that an agency relationship exist in the corporate? in this context, what kinds of problems can arise?
Find what is the overhead used for the period : Find What is the overhead used for the period? Cost of goods sold is 540,000; 30% of Manufacturing cost were distributed to Direct labor cost.
Find cost of hadley preference shares : If the current market price of preference share is $73, what will be the cost of Hadley preference shares?
Find what is the total cost allocated to department : What is the total cost allocated to Department? B Co. allocates service department cost directly to producing departments without allocation

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd