Requirements:
1. Calculate the manufacturing cost of Job 302.
2. How much will the City of Northville pay for this playground​ equipment?
Homework Answers
1. Predetermined overhead rate = Expected manufacturing cost / expected labor hours
= $627000/41800
= $15 per hour
Manufacturing cost of job 302 = Direct material + Direct labor + overhead
= $15400+ 195*20 + 195*15
= $22225
2. Purchase price = $22225 + 22225*24%
= $27559
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Requirements:
1. Calculate the manufacturing cost of Job
302.
2. How much will the City of...
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Direct materials
Direct labor
manufacturing overhead applied
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