5 Exercise 25 Computing Total Job Costs and Unit Product Cos
5 Exercise 2-5 Computing Total Job Costs and Unit Product Costs Using Multiple Predetermined Overhead Rates [LO2-4 166 and F The predetermined overhead rates in and 120% of direct m direct labor wage rate is $20.00 per hour. The following information pertains to Job 700 Direct labor s 100 trences1 What is the total manufacturing cost assigned to Job 700? 2. t Job 700 consists of 20 units, what is the unit product cost for this Job? (Round your answer to 2 decimal places.)
Solution
SOLUTION:-
total manufacturing cost=727+221=948
2.948/20=$47.4 per unit
| finishing | fabrication |
| materials=430 | materials=55 |
| labor=180(9*20) | labor=100(5*20) |
| overheads=13*9=117 | overheads=55*120%=66 |
| total=727 | toatl=221 |
