Question: Mickley Companys predetermined overhead rate is $ 14.00 per direct labor-hour and its direct labor wage rate is $ 12.00 per hour. The following information

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?

Step by Step Solution

3.42 Rating (168 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

1 Total direct laborhours required for Job A500 Direct labor cost a 108 Direct labor wag... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

302-B-M-A-J-O-C (1177).docx

120 KBs Word File

Students Have Also Explored These Related Managerial Accounting Questions!