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What was the cost of goods sold per shirt

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Reference no: EM132521651

ASM Fashion manufactures T-shirts. The company uses a job-order costing system. During March, the following costs were incurred on Job #BUR2:

Direct materials:         $13,700

Direct labour:               $4,800

Question 1: In addition, selling and shipping costs of $7,000 were incurred on the job. Manufacturing overhead was applied at the rate of $25 per machine hour, and Job #BUR2 required 800 machine hours. If Job #BUR2 consisted of 7,000 shirts, what was the Cost of Goods Sold per shirt?

Select one:

a. $6.00.

b. $6.50.

c. $5.70.

d. $5.50.

Reference no: EM132521651

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