Braverman Company has two manufacturing departments—Finishing and Fabrication. The predetermined overhead rates in Finishing and Fabrication are $26.00 per direct labor-hour and 120% of direct materials cost, respectively. The company’s direct labor wage rate is $32.00 per hour. The following information pertains to Job 700:     Finishing Fabrication Direct materials $ 490 $ 115 Direct labor $ 352 $ 224   Required: 1. What is the total manufacturing cost assigned to Job 700?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Braverman Company has two manufacturing departments—Finishing and Fabrication. The predetermined overhead rates in Finishing and Fabrication are $26.00 per direct labor-hour and 120% of direct materials cost, respectively. The company’s direct labor wage rate is $32.00 per hour. The following information pertains to Job 700:

 

  Finishing Fabrication
Direct materials $ 490 $ 115
Direct labor $ 352 $ 224

 

Required:

1. What is the total manufacturing cost assigned to Job 700?

2. If Job 700 consists of 20 units, what is the unit product cost for this job? 

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