Braverman Company has two manufacturing departments—Finishing and Fabrication. The predetermined overhead rates in Finishing and Fabrication…
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Question “Braverman Company has two manufacturing departments—Finishing and Fabrication. The predetermined overhead rates in Finishing and Fabrication…”
Braverman Company has two manufacturing departments—Finishing
and Fabrication. The predetermined overhead rates in Finishing and
Fabrication are $10.00 per direct labor-hour and 110% of direct
materials cost, respectively. The company’s direct labor wage rate
is $17.00 per hour. The following information pertains to Job
700:
Finishing | Fabrication | ||||||
Direct materials | $ | 415 | $ | 40 | |||
Direct labor | $ | 102 | $ | 34 | |||
Required:
1. What is the total manufacturing cost assigned to Job 700?
2. If Job 700 consists of 5 units, what is the unit product cost
for this job? (Round your answer to 2 decimal
places.)
|
Answer
Conclusion
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