Braverman Company has two manufacturing departments-Finishing and Fabrication. The predetermined overhead rates in Finishing and Fabrication are
Question:
Braverman Company has two manufacturing departments-Finishing and Fabrication. The predetermined overhead rates in Finishing and Fabrication are $18.00 per direct labor-hour and 110% of direct materials cost, respectively. The company's direct labor wage rate is $16.00 per hour. The following information pertains to Job 700:
_______________________ Finishing _____________ Fabrication
Direct materials ................ $410 .............................. $60
Direct labor ..................... $128 .............................. $48
Required:
1. What is the total manufacturing cost assigned to Job 700?
2. If Job 700 consists of 15 units, what is the unit product cost for this job?
Step by Step Answer:
Managerial Accounting
ISBN: 978-1259307416
16th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer