In: Accounting
Braverman Company has two manufacturing departments-Finishing and Fabrication. The predetermined overhead rates in Finishing and Fabrication are $15.00 per direct labor-hour and 120% of direct materials cost, respectively. The company's direct labor wage rate is $22.00 per hour. The following information pertains to Job 700
Finishing | Fabrication | |
---|---|---|
Direct materials | 5440 | $65 |
Direct labor | S 242 | 5154 |
Required:
1. What is the total manufacturing cost assigned to Job 700?
2 If Job 700 consists of 30 units, what is the unit product cost for this job? (Round your answer to 2 decimal places.)
1 Total manufacturing cost = _______
2. Unit product cost = _______ per unit