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Job costing, unit cost, ending work in progress
Profile Ltd produces pipes for concert-quality organs. Each job is unique. In April 2018, it completed all outstanding orders, and then in May 2018, it worked on only two jobs, M1 and M2:
Profile Ltd, May 2018 Job M1 Job M2
Direct materials $ 75 000 $ 56 000
Direct production labour $ 275 000 $ 209 000
Required
Question 1: What is the allocated production overhead for Job M1 and M2?
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