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Hollinger Ceramics makes custom ceramic tiles. During March, the company started and finished Job #755. The company's records show the following direct materials were requisitioned
Hollinger Ceramics makes custom ceramic tiles. During March, the company started and finished Job #755. The company's records show the following direct materials were requisitioned for Job #755. Plain white tiles: 1,200 units at $5.00 per unit Specialty paint: 9 quarts at $8.00 per quart High gloss glaze:5 quarts at $12.00 per quart Labor time records show the following employees worked on Job #755: Steven Hightop: 20 hours at $27 per hour Andy Pickering: 10 hours at $17 per hour Hollinger Ceramics allocates manufacturing overhead at a rate of $14 per direct labor hour a. Compute the total amount of direct materials, direct labor, and manufacturing overhead that should be shown on Job #755's job cost record. b. Job #755 consists of 1,200 tiles. If each tile sells for $12.00, what is the gross profit per tile
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