Reference no: EM132903150

Problem 1: Snappy Company has a job-order cost system. Snappy Company uses a predetermined overhead rate based on the direct labourhours to apply the manufacturing overhead to jobs. The manufacturing overhead cost and the direct labour-hours were estimated at £100,000 and 40,000 hours, respectively, for the year. In July, Job #334 was completed at a cost of £5,000 in the direct materials and £2,400 in the direct labour. The labour rate is £6 per hour. By the end of the year, Snappy had worked a total of 45,000 direct labour-hours and had incurred £110,250 actual manufacturing overhead cost. If Job #334 contained 200 units, the unit cost on the completed job cost sheet would be