COST ACCOUNTING
INTRODUCTION TO COST ACCOUNTING
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Question
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The Best Shoe Company manufactures running shoes. During the manufacturing process, a Job Cost sheet is prepared. The cost sheet for 300 units of running shoes shows $3, 000.00 for direct materials and $4, 200.00 for direct labor. Factory overhead is estimated at 70% of direct labor. What is the unit cost of the job?
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$31.00
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$32.70
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$33.80
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$48.50
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Explanation:
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