Question

In: Accounting

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


Related Solutions

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 $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 FinishingFabrication Direct materials5440$65Direct laborS 2425154Required: 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...
Braverman Company has two manufacturing departments-Finishing and Fabrication
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: FinishingPabricationDirect materials$440$65Direct labor$242$154Required: 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.)
Fickel Company has two manufacturing departments.- Asembley and testing & packing. The predetermined overhead rates in...
Fickel Company has two manufacturing departments.- Asembley and testing & packing. The predetermined overhead rates in asembley and testing and packing are $27.00 per direct labor hour and $23 per direct labor hour, respectfully. The companys direct labor wage is $29 per hour. the following pertains to job N-60 Asmebley Testing and packing direct materials $415 $55 Direct labor $348 $87 What is the total manufacturing cost assigned to Job N-60? If job N-60 Consists of 10 units, what is...
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly...
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $16.00 per direct labor-hour and $12.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $20.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 340 $ 25 Direct labor $ 180 $ 40 Required: 1. What is the total manufacturing cost assigned to Job N-60? 2. If Job N-60...
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly...
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $30.00 per direct labor-hour and $26.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $32.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 430 $ 61 Direct labor $ 432 $ 144 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate...
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly...
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $16.00 per direct labor-hour and $12.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $20.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 340 $ 25 Direct labor $ 180 $ 40 Required: 1. What is the total manufacturing cost assigned to Job N-60? 2. If Job N-60...
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly...
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $18.00 per direct labor-hour and $14.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $20.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 370 $ 37 Direct labor $ 150 $ 70 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate...
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly...
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $21.00 per direct labor-hour and $17.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $23.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 385 $ 43 Direct labor $ 207 $ 115 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate...
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly...
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $15.00 per direct labor-hour and $11.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $18.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 360 $ 33 Direct labor $ 117 $ 45 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate...
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly...
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $21.00 per direct labor-hour and $17.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $23.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 385 $ 43 Direct labor $ 207 $ 115 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT