Acc389WK2IND

 

1) What are the source documents for direct materials, direct labor, and manufacturing overhead costs assigned to this job?

There are three source documents for direct materials they are; Direct materials, Direct labor, and Manufacturing overhead.

2) What is the predetermined manufacturing overhead rate?

To obtain the predetermined manufacturing overhead rate, I took manufacturing overhead and divided by direct labor (648÷540=1.2), the predetermined manufacturing overhead rate is 120%.

            3) What are the total cost and the unit cost of the completed job?

 

The total cost is:    $7820

Direct Materials (828+900+1600+1500)…… 4828

Direct Labor (440+380+540)……………….. 1360

Manufacturing Overhead (528+456+648)…...1632

 

Unit cost is: $3.91

Total cost (7820) ÷ Quantity (2000)

 
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