The following are two of the jobs completed during the year

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Leo Company has identified the following overhead costs and cost drivers for next year:

Overhead Item

Expected Costs

Cost Driver

Maximum Quantity

Setup costs

$1,152,000

Number of setups

4,800

Ordering costs

320,000

Number of orders

40,000

Maintenance

1,600,000

Machine-hours

64,000

Power

160,000

Kilowatt-hours

400,000

The following are two of the jobs completed during the year:

 

Job 201

Job 202

Direct materials

$18,000

$20,000

Direct labor

$24,000

15,000

Units completed

750

600

Direct labor-hours

180

220

Number of setups

12

15

Number of orders

16

30

Machine-hours

360

300

Kilowatt-hours

180

240

Determine the unit cost for each job using the four cost drivers. (Round amounts to 2 decimal places.)

Reference no: EM131020701

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