At the end of April, Cavy Company had completed Jobs 766 and 765. The individual job cost sheets reveal the following information: Job Direct Materials Direct Labor Machine Hours
Job 765 $8,400 $2,520 30
Job 766 11,970 3,780 70
Job 765 produced 180 units, and Job 766 consisted of 280 units.
Assuming that the predetermined overhead rate is applied by using machine hours at a rate of $106 per hour.
A. Determine the balance on the job cost sheets for each job.
B. Determine the cost per unit at the end of April.

A. Job 765 $14,100

Job 766 $23,170

B.Job 765 $78.33 unit price

Job 766 $82.75 unit price

Explanation:

A. Calculation to Determine the balance on the job cost sheets for each job

Job 765= $8,400 +$2,520+ (30*$106 per hour)

Job 765=$8,400+ $2,520+$3,180

Job 765=$14,100

Job 766=$11,970 +$3,780+ (70*$106 per hour)

Job 766=$11,970 +$3,780+ $7,420

Job 766=$23,170

Therefore the balance on the job cost sheets for each job will be:

Job 765 $14,100

Job 766 $23,170

B. Calculation to Determine the cost per unit at the end of April

Job 765=$14,100 /180 units

Job 765=$78.33 unit price

Job 766= $23,170/280 units.

Job 766= $82.75 unit price

Therefore the cost per unit at the end of April will be:

Job 765 $78.33 unit price

Job 766 $82.75 unit price

the answer is a.

by: nicholas dooley