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2. During the year, Job 400 was started and completed. The following information was available with respect to this job: Direct materials $ 340 Direct
2. During the year, Job 400 was started and completed. The following information was available with respect to this job:
Direct materials | $ 340 |
---|---|
Direct labor cost | $ 300 |
Machine-hours used | 36 |
Compute the total manufacturing cost assigned to Job 400.
3. If Job 400 includes 60 units, what is the unit product cost for this job?
4. If Moody uses a markup percentage of 130% of its total manufacturing cost, then what selling price per unit would it have established for Job 400?
PLEASE ANWSER PART 4 THUMBS UP GIVEN
Predetermined overhead rate 8.7
total manufacturing cost 953
Unit product cost 15.88
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