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Braverman Company has two manufacturing departments-Finishing 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 departments-Finishing 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 company's direct labor wage rate is $23.00 per hour. The following information pertains to Job 700: Direct materials Direct labor Finishing $445 $276 Fabrication $ 70 $184 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.) 1. Total manufacturing cost 2. Unit product cost per unit
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