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JOB Order Costing and Relative Value Units U2 Reference Lab must calculate the relative value and cost per procedure given that the total lab expense is $943,241: Projected Procedure Volume Lab Expense A 3500 0.15 B 2200 0.20 C 4300 0.10 D 2900 0.05 E 2700 0.15 F 3550 0.25 G 2000 0.10 Part 1: Calculate the Relative Value Units Procedure A B C D E F G Part 2: Calculate total Relative Value Units Procedure A B C D E F G Part 3: Calculate the cost per procedure Procedure A B C D E F G

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