Braverman Company has two manufacturing departmentsFinishing and Fabrication. The predetermined overhead rates in Finishing and...
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Accounting
Braverman Company has two manufacturing departmentsFinishing and Fabrication. The predetermined overhead rates in Finishing and Fabrication are $16.00 per direct labor-hour and 110% of direct materials cost, respectively. The companys direct labor wage rate is $23.00 per hour. The following information pertains to Job 700:
Finishing
Fabrication
Direct materials
$
445
$
70
Direct labor
$
276
$
184
Required:
1. What is the total manufacturing cost assigned to Job 700?
2. If Job 700 consists of 5 units, what is the unit product cost for this job? (Round your answer to 2 decimal places.)
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