Assume overhead is applied on the basis of 125% of direct labor costs and that the job cost sheet shows that P10,000 in direct materials and P12,000 in direct labor costs have been incurred. If 1,000 units were produced, what is the unit product cost? A. P22 B. PIO С. Р15 D. P37

Assume overhead is applied on the basis of 125% of direct labor costs and that the job cost sheet shows that P10,000 in direct materials and P12,000 in direct labor costs have been incurred. If 1,000 units were produced, what is the unit product cost? A. P22 B. PIO С. Р15 D. P37

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 6PA: During the year, a company purchased raw materials of $77,321, and incurred direct labor costs of...

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MCC 12 C5. (See the problem below)
Assume overhead is applied on the basis of 125% of direct labor costs and that the job cost sheet shows
that P10,000 in direct materials and P12,000 in direct labor costs have been incurred. If 1,000 units were
produced, what is the unit product cost?
A. P22
B. PI0
С. Р15
D. P37

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