Bell Company produces stainless steel drink tumblers, its only product. These tumblers are stamped with company logos and used as promotional items. Following are simplified job cost sheets for two separate job lots. Job 1 was for 250 units and Job 2 was for 260 units. Job Number Job 1 Materials Labor Overhead Job Number Job 2 Materials Labor Overhead $ 425 750 900 1-a. Compute total cost per unit for Job 1 and for Job 2. 1-b. Which job has a higher total cost per unit? 2-a. Compute direct materials cost per unit for each job. 2-b. Which job has a higher direct materials cost per unit? Req 1A $ 403 780 936 Complete this question by entering your answers in the tabs below. Total cost per unit Req 1B Req 2A Compute total cost per unit for Job 1 and for Job 2. (Round your answers to two decimal places.) Req 2B Job 1 Job 2 < Req 1A Req 1B >

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter5: Product And Service Costing: Job-order System
Section: Chapter Questions
Problem 24E: Geneva, Inc., makes two products, X and Y, that require allocation of indirect manufacturing costs....
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Bell Company produces stainless steel drink tumblers, its only product. These tumblers are stamped with company logos and used as
promotional items. Following are simplified job cost sheets for two separate job lots. Job 1 was for 250 units and Job 2 was for 260
units.
Job Number Job 1
Materials.
Labor
Overhead
Job Number Job 2
Materials
$ 403
780
936
Labor
Overhead
$ 425
750
900
1-a. Compute total cost per unit for Job 1 and for Job 2.
1-b. Which job has a higher total cost per unit?
2-a. Compute direct materials cost per unit for each job.
2-b. Which job has a higher direct materials cost per unit?
Complete this question by entering your answers in the tabs below.
Req 1A
Total cost per unit
Req 1B
Req 2A
Compute total cost per unit for Job 1 and for Job 2. (Round your answers to two decimal places.)
Req 2B
Job 1
Job 2
< Req 1A
Req 1B >
Transcribed Image Text:Bell Company produces stainless steel drink tumblers, its only product. These tumblers are stamped with company logos and used as promotional items. Following are simplified job cost sheets for two separate job lots. Job 1 was for 250 units and Job 2 was for 260 units. Job Number Job 1 Materials. Labor Overhead Job Number Job 2 Materials $ 403 780 936 Labor Overhead $ 425 750 900 1-a. Compute total cost per unit for Job 1 and for Job 2. 1-b. Which job has a higher total cost per unit? 2-a. Compute direct materials cost per unit for each job. 2-b. Which job has a higher direct materials cost per unit? Complete this question by entering your answers in the tabs below. Req 1A Total cost per unit Req 1B Req 2A Compute total cost per unit for Job 1 and for Job 2. (Round your answers to two decimal places.) Req 2B Job 1 Job 2 < Req 1A Req 1B >
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