Question
Braverman Company has two manufacturing departmentsFinishing and Fabrication. The predetermined overhead rates in Finishing and Fabrication are $16.00 per direct labor-hour and 110% of direct
Braverman Company has two manufacturing departmentsFinishing and Fabrication. The predetermined overhead rates in Finishing and Fabrication are $16.00 per direct labor-hour and 110% of direct materials cost, respectively. The companys direct labor wage rate is $23.00 per hour. The following information pertains to Job 700:
| Finishing | Fabrication | |
|---|---|---|
| Direct materials | $ 445 | $ 70 |
| Direct labor | $ 276 | $ 184 |
Required:
- What is the total manufacturing cost assigned to Job 700?
- If Job 700 consists of 5 units, what is its unit product cost?
Note: Round your answer to 2 decimal places.
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Financial Accounting SG
Authors: Meigs
7th Edition
0070422591, 978-0070422599
