Question: Computing Total Job Costs and Unit Product Costs Using a Plantwide Predetermined Overhead Rate LO23 Mickley Companys plantwide predetermined overhead rate is $14.00 per direct
Computing Total Job Costs and Unit Product Costs Using a Plantwide Predetermined Overhead Rate LO2–3 Mickley Company’s plantwide predetermined overhead rate is $14.00 per direct labor-hour and its direct labor wage rate is $17.00 per hour. The following information pertains to Job A-500:
Direct materials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $231 Direct labor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $153 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 unit product cost for this job?
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