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ZZ Tire Company has gotten an order for its manufacturing business segment of 25,000 tires....

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Accounting

ZZ Tire Company has gotten an order for its manufacturing business segment of 25,000 tires. Using job order costing, figure out the total unit cost of manufacturing a tire and the total order. Rubber in one tire: 8 pounds of rubber Cost per pound of rubber: $1.50 Steel used in tire: 2 pounds of steel Cost per pound of steel: $2.50 Payroll cost per hour: $15 per hour Amount of time processing rubber: 5 minutes per pound of rubber Amount of time molding and making tire: 20 minutes per tire What is the product cost of producing one tire and the entire order?

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