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Thanks for the help, I thought I did it right! Exercise 2-5 Computing Total Job Costs and Unit Product Costs Using Multiple Predetermined Overhead Rates
Thanks for the help, I thought I did it right!
Exercise 2-5 Computing Total Job Costs and Unit Product Costs Using Multiple Predetermined Overhead Rates LO2-4] Braverman Company has two manufacturing departments-Finishing and Fabrication. The predetermined overhead rates in Finishing and Fabrication are $24.00 per direct labor-hour and 120% of direct materials cost, respectively. The company's direct labor wage rate is $30.00 per hour. The following information pertains to Job 700: Finishing 480 270 Fabrication Direct materials Direct labor 105 $150 Required 1. What is the total manufacturing cost assigned to Job 700? 2. If Job 700 consists of 10 units, what is the unit product cost for this job? (Round your answer to 2 decimal places. 3 Answer is complete but not entirely correct |Total manufacturing cost 1,580 158.00 per unit 2. Unit product costStep by Step Solution
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