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Petru Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 70,000 Total fixed manufacturing overhead cost $525,000 Variable manufacturing overhead per machine-hour $ 2.30 Recently Job P987 was completed with the following characteristics: Number of units in the job 20 Total machine-hours 80 Direct materials Direct labor cost $630 $2,080 Required: Calculate the unit product cost for Job P987.

Petru Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Recently Job P987 was completed with the following characteristics: Number of units in the job 20 Required: Calculate the unit product cost for Job P987. Petru Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Recently Job P987 was completed with the following characteristics: Number of units in the job 20 Totalmachine-hoursDirectmaterialsDirectlaborcost80$630$2,080 Required: Calculate the unit product cost for Job P987

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