Question: Computing Total Job Costs and Unit Product Costs Using Multiple Predetermined Overhead Rates LO 34 Fickel Company has two manufacturing departmentsAssembly and Testing & Packaging.
Computing Total Job Costs and Unit Product Costs Using Multiple Predetermined Overhead Rates LO 3–4 Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $16.00 per direct laborhour 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:
Assembly Testing &
Packaging Direct materials $340 $25 Direct labor . $180 $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 the unit product cost for this job?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
