Mickley Companys predetermined overhead rate is $ 14.00 per direct labor-hour and its direct labor wage rate

Question:

Mickley Company’s predetermined overhead rate is $ 14.00 per direct labor-hour and its direct labor wage rate is $ 12.00 per hour. The following information pertains to Job A-500:
Direct materials . . . . . . . . . . . . . $ 230
Direct labor . . . . . . . . . . . . . . . . $ 108

Required:
1. What is the total manufacturing cost assigned to Job A-500?
2. If Job A-500 consists of 40 units, what is the average cost assigned to each unit included in the job?

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Related Book For  book-img-for-question

Managerial Accounting

ISBN: 978-0077522940

15th edition

Authors: Ray Garrison, Eric Noreen, Peter Brewer

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