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Braverman Company has two manufacturing departments—Finishing and Fabrication. The predetermined overhead rates in Finishing and Fabrication...

Braverman Company has two manufacturing departments—Finishing and Fabrication. The predetermined overhead rates in Finishing and Fabrication are $17.00 per direct labor-hour and 120% of direct materials cost, respectively. The company’s direct labor wage rate is $24.00 per hour. The following information pertains to Job 700:

Finishing Fabrication
Direct materials $ 450 $ 75
Direct labor $ 312 $ 216

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.)

Solutions

Expert Solution

Answers

  • Requirement 1 with working

Finishing

Fabrication

Total

Direct Materials

$450

$75

$525

Direct Labor

$312

$216

$528

Overhead assigned

$221

$90

$311

Total manufacturing cost assigned

$983

$381

$1,364

Total manufacturing cost assigned to Job 700 = $ 1364

  • Requirement 2

Unit product cost = $ 1364 / 10 units = $ 136.40 per unit


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