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Question
Barbicon Manufacturing Company uses a predetermined manufacturing overhead rate based on a percentage of direct labor cost. At the beginning of 2012, they formulated a rate of 20% times the direct labor cost. In June, 2012, Barbicon completed job number 13C. Job stats are as follows:
Direct materials cost $6,220
Direct labor cost $900
Direct labor hours 32 hours
Units of product produced: 250 kilos
How much was the cost per unit (cost per kilo) of finished product? (Please round to the nearest cent.)
A) $29.20
B) $33.46
C) $28.48
D) $36.70
Answer
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