Question
Tutor, please help me to answer this question, ASAP. Question: Momo received job order from a girl named Tiffany. She ordered two kind of earrings
Tutor, please help me to answer this question, ASAP.
Question:
Momo received job order from a girl named Tiffany. She ordered two kind of earrings but the designs were from her, even Tiffany named all her earring designs: Avocado & Fancy.
Momo looked at her design and agree to make earrings that Tiffany's design. Then Momo calculate the cost:
Momo's predetermined overhead rate is $3.00 per direct labor-hour, with the direct labor wage rate is $5.00 per hour.
The following information pertains to Avocado:
Direct materials . . . . . . . . . . . . . $15
Direct labor . . . . . . . . . . . . . . . . $20
The following information pertains to Fancy:
Direct materials . . . . . . . . . . . . . $30
Direct labor . . . . . . . . . . . . . . . . $40
Required:
1. What are the total manufacturing costs assigned to Job Avocado & Fancy?
2. If Job Avocado consists of 20 units and Fancy consist of 40 unit, what is the average cost assigned to each unit included in the job for each of them?
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