Question: Ernie's Electronics, Inc., delivered 1,000 custom-designed computer monitors to In addition, the company applies manufacturing overhead costs to jobs at the rate its customer, Video

Ernie's Electronics, Inc., delivered 1,000 custom-designed computer monitors to In addition, the company applies manufacturing overhead costs to jobs at the rate its customer, Video Shack. The following cost information was compiled in connection with this order: of $5 per direct labor hour. The selling price for each monitor is $350 Requirements (a) Determine the total cost for this job. (b) Determine the gross margin per monitor. Direct Materials Used Part A327: 1 unit costing $60 per monitor Part B149: 1 unit costing $120 per monitor Direct Labor Used Assembly: 6 hours per monitor at the rate of $10 per hour Inspection: 1 hour per monitor at the rate of $12 per hour Requirement (a) Determine the total cost for this job. Direct materials: Part A327 Part B149
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