EXERCISE 2-4 Computing Total Job Costs and Unit Product Costs Using Multiple Predetermined Overhead Rates [ 24 Fickei Compary has two manifacturing departments-Assembly and Testing \& Packagine The predetermined overhead rates in Ausembty and Testigg. \& Packaging are $16,00 per ditect labor hour and $12.00 per direct labor-bour, respectively. The company's direct labor wage rate is $20.00 per hour. The following information pertains to Job N60. Required: 1. What is the total manufacturing cost assigned to Job N-60? 2. If Job N60 consists of 10 anits, what is the unit product cost for this job? EXERCISE 2-8 Applying Overhead Cost; Computing Unit Product Cost 19 LO2-2, 1 LO2-3 Neahand Company assiens averibead cont to jobs on the basis of 125% of direct labor cost. The job cost sbeat for Job 313 includes $10.000 in direct materials cost and $12.000 in direct lator cont. A total of 1,000 units weie prodoced in Job 313. Required: What is the notal namufacturing cost asiened so Job J13? What is the unit produst cont for Job 313 ? estimates Requiled: 1 Compose the plantwide predetermined overtiead rate. 2. During the jear, Job P90 was stated, completed, and sold to the costomer for 52.500 . The followine information was available witt respect to this jot: Compute the fotal imanufacturing cost assiened to Job P9o. 3. Upon comparing Job P90's sales revenue to its total manufactuing cost, the consanys chief financial officer said, If this exact same oppornanity walked through our front door tomonrow, Id turn it down rather thas making it and selling it for $2.500." a. Consunoc as argument (supported ty numerical anabsis) that refutes the chief finascial offlcer's assertion. b. Construct an agumeat (acconpanied by bumerical ana bysis) that supports the chief financial officer's assertion. EXERCISE 2-2 Apply Overhead Cost to Jobs L LO2-2 Luthan Company uses a plantwide predetermined oweitiead rate of 523.40 per direct labor hour. This predetermined rate was based on a cout formala that estimated $257,400 of total manufacturing overhead cost for ae estimated activity level of 11,000 direct labor-hours. The company incurred actual total manufacfaring ovehtiead cost of $249.000 and 10.500 total direct laborhours during the period. Required: Determine the amount of nanufacturing overhead cost that wonld have been applied to all jobs during the period