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2 May, 22:14

Weaver Company's predetermined overhead rate is $21.00 per direct labor-hour and its direct labor wage rate is $15.00 per hour. The following information pertains to Job A-200:

Direct materials $230

Direct labor $150

Required:

1.

What is the total manufacturing cost assigned to Job A-200?

2.

If Job A-200 consists of 60 units, what is the average cost assigned to each unit included in the job? (Round your answer to 2 decimal places.)

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Answers (1)
  1. 3 May, 01:20
    0
    1. $590

    2. $9.83

    Explanation:

    1.

    Total Number of Direct Labor Hours:

    = Total Labor Cost : Labor Rate Per Hour

    = 150 : 15

    = 10 Hours

    Total Overheads:

    = Total Number of Direct Labor Hours*Predetermined Overhead Rate

    = 10 * 21

    = 210

    Total Manufacturing Cost = 230 + 150 + 210

    = $590

    2.

    Average Cost:

    = Total Manufacturing Cost : Number of Units

    = 590 : 60

    = $9.83
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