Help Save 2 and Fabrication are $300 per direct labor our and 12 % of direct is

Question

Help Save 2 and Fabrication are $300 per direct labor our and 12 % of direct is $36.00 per hour. The following infor ompany has two manufacturing departments-Finishing and Fabrication. The predetermined overhead rates in Finishing materials cost, respectively. The company's direct labor wage rate n pertains to Job 700 1.67 s 510 s540 135 396 Direct labor 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 dec per unt

Explanation / Answer

1) Calculate total manufacturing cost

Total manufacturing cost = 1500+693 = 2193

2) Unit cost = 2193/10 = $219.30 per unit

Finishing Fabrication Direct material 510 135 Direct labour 540 396 Overhead 540/36*30= 450 135*120% = 162 Total 1500 693

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