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)
You'll get 1 file (36.4KB)