Question
Braverman Company has two manufacturing departmentsFinishing and Fabrication. The predetermined overhead rates in Finishing and Fabrication are $17.00 per direct labor-hour and 120% of direct
Braverman Company has two manufacturing departmentsFinishing and Fabrication. The predetermined overhead rates in Finishing and Fabrication are $17.00 per direct labor-hour and 120% of direct materials cost, respectively. The companys direct labor wage rate is $24.00 per hour. The following information pertains to Job 700:
| Finishing | Fabrication | ||||||
| Direct materials | $ | 450 | $ | 75 | |||
| Direct labor | $ | 312 | $ | 216 | |||
Required:
1. What is the total manufacturing cost assigned to Job 700?
2. If Job 700 consists of 10 units, what is the unit product cost for this job? (Round your answer to 2 decimal places.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
12th Edition
978-0073526706, 9780073526706
