Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Fickel Company has two manufacturing departments-Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $25.00 per direct labor-hour

Fickel Company has two manufacturing departments-Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $25.00 per direct labor-hour and $21.00 per direct labor-hour, respectively. The company's direct labor wage rate is $27.00 per hour. The following information pertains to Job N-60: Direct materials Direct labor Assembly $ 405 $ 297 Testing & Packaging $ 51 $ 54 Required: 1. What is the total manufacturing cost assigned to Job N-60? Note: Do not round intermediate calculations. 1. Total manufacturing cost 2. Unit product cost 2. If Job N-60 consists of 10 units, what is its unit product cost? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. per unit
image text in transcribed
Fickel Company has two manufacturing departments-Assembly and Testing \& Packaging. The predetermined overhead rates in Assembly and Testing \& Packaging are $25.00 per direct labor-hour and $21.00 per direct labor-hour, respectively. The company's direct labor wage rate is $27.00 per hour. The following information pertains to Job N60 : Required: 1. What is the total manufacturing cost assigned to Job N-60? Note: Do not round intermediate calculations. 2. If Job N-60 consists of 10 units, what is its unit product cost? Note: Do not round intermediate calculations. Round your answer to 2 decimal places

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Agile Auditing Transforming The Internal Audit Process

Authors: Rick A. Wright Jr. CIA

1st Edition

1634540689, 978-1634540681

More Books

Students also viewed these Accounting questions