Question
Fickel Company has two manufacturing departments-Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $16.00 per direct labor-hour
Fickel Company has two manufacturing departments-Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $16.00 per direct labor-hour and $12.00 per direct labor-hour, respectively. The company's direct labor wage rate is $20.00 per hour. The following information pertains to Job N-60:
Assembly Testing & Packaging
Direct materials $340. $25
Direct labor 9hrs 2hrs
Required:
1. What is the total manufacturing cost assigned to Fob N-60?
2. If Job N-60 consists of 10 units, what is the unit product cost for this job? (Round your answer to 2 decimal places.)
Hint 1: direct labor wage rate ($20.00 per hour) is only used to calculate direct labor cost not manufacturing overhead
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