Accounting question related to unit cost? | Yoo Answers
Mar 22, 2011· Granite Company uses a joborder costing system. The company applies manufacturing overhead to jobs using a predetermined overhead rate based on direct laborhours. Last year, manufacturing overhead and direct laborhours were estimated at 68,640 and 15,600 hours respectively, for the year. In June, job #315 was completed. Materials costs on the job totaled 1,400 and labor costs .