Respuesta :
Answer: The cost of the finished goods on hand from this job is $78000.
Explanation:
Given that,
Direct materials, = $120,000
Direct labor, = $180,000
Manufacturing overhead applied, = $90,000
Units produced, = 5,000 units
Units sold, = 4,000 units
Therefore,
Cost of finished goods produced = Direct Material + Direct Labor + Manufacturing Overhead
= $120,000 + $180,000 + $90,000
= $390,000
Hence,
Per Unit of Cost of finished goods produced = [tex]\frac{Cost\ of\ finished\ goods\ produced}{Units\ produced}[/tex]
= [tex]\frac{390000}{5000}[/tex]
= $ 78 per unit
Cost of finished goods on hand = Inventory × Per unit cost
= (Units produced - Units sold) × Per unit cost
= 1000 × 78
=$78000
∴The cost of the finished goods on hand from this job is $78000.
