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: Direct materials Direct labor Assembly $ 340 $ 180 1. Total manufacturing cost 2. Unit product cost Testing & Packaging $ 25 $ 40 Required: 1. What is the total manufacturing cost assigned to Job N-60? 2. If Job N-60 consists of 10 units, what is its unit product cost? Note: Round your answer to 2 decimal places. per unit

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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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:
Direct materials
Direct labor
Assembly
$ 340
$ 180
1. Total manufacturing cost
2. Unit product cost
Testing &
Packaging
$ 25
$ 40
Required:
1. What is the total manufacturing cost assigned to Job N-60?
2. If Job N-60 consists of 10 units, what is its unit product cost?
Note: Round your answer to 2 decimal places.
per unit
Transcribed Image Text: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: Direct materials Direct labor Assembly $ 340 $ 180 1. Total manufacturing cost 2. Unit product cost Testing & Packaging $ 25 $ 40 Required: 1. What is the total manufacturing cost assigned to Job N-60? 2. If Job N-60 consists of 10 units, what is its unit product cost? Note: Round your answer to 2 decimal places. per unit
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