Suggested languages for you:

Q15RQ

Expert-verified
Found in: Page 938

### Horngren'S Financial And Managerial Accounting

Book edition 6th
Author(s) Tracie L. Miller-Nobles, Brenda L. Mattison
Pages 992 pages
ISBN 9780134486833

# Question: A completed job cost record shows the unit cost of the products. How is this calculated?

The unit cost of the product is computed by dividing the cost of goods manufactured by the total units produced by the company.

See the step by step solution

## Step 1: Cost of goods manufactured

Cost of goods manufactured is defined as the company’s total cost of production during the reporting period. It is the total amount spent by the company to produce the goods