Big Company manufactures electric drills to the exact specifications of various customers. During April 2020, Job 403 for the production of 1,100 units was completed at the following costs per unit: The question is  If the spoilage is attributable to Job 202 only, what is the unit selling price of the good units? (round off to the nearest centavo) IN A GOOD ACCOUNTING FORM PLEASE ANSWER THIS QUESTION ABOUT JOB 202 ONLY.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Big Company manufactures electric drills to the exact specifications of various customers. During April 2020, Job 403 for the production of 1,100 units was completed at the following costs per unit:

The question is  If the spoilage is attributable to Job 202 only, what is the unit selling price of the good units? (round off to the nearest centavo)

IN A GOOD ACCOUNTING FORM PLEASE ANSWER THIS QUESTION ABOUT JOB 202 ONLY.

Direct materials
P10
Direct labor
8
Applied factory overhead
Total
12
P30
Final inspection of Job 403 disclosed 59 defective units and 100 spoiled units. The defective
units were reworded at a total cost of P500, and the spoiled units were sold to an employee for
P1,500.
Transcribed Image Text:Direct materials P10 Direct labor 8 Applied factory overhead Total 12 P30 Final inspection of Job 403 disclosed 59 defective units and 100 spoiled units. The defective units were reworded at a total cost of P500, and the spoiled units were sold to an employee for P1,500.
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