Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

6 Mickley Company's plantwide predetermined overhead rate is $2100 per direct labor hour and its direct labor wage rate is $15.00 per hour. The following

image text in transcribed
image text in transcribed
image text in transcribed
6 Mickley Company's plantwide predetermined overhead rate is $2100 per direct labor hour and its direct labor wage rate is $15.00 per hour. The following information pertains to Job A-500 1 points Direct materials Direct labor $ 270 $ 225 Skipped eBook 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? (Round your answer to 2 decimal places.) Print References 1 Total manufacturing cost 2 Unit product cost per unit 7 Newhard Company assigns overhead cost to jobs on the basis of 125% of direct labor cost. The job cost sheet for Job 313 includes $10,000 in direct materials cost and $12,000 in direct labor cost. A total of 1,000 units were produced in Job 313 Required: a. What is the total manufacturing cost assigned to Job 313? b. What is the unit product cost for Job 3137 1 points supped Book a. Total manufacturing cost b. Unit product cost Hist Print References 8 Newhard Company assigns overhead cost to jobs on the basis of 118% of direct labor cost. The job cost sheet for Job 313 includes $25,982 in direct materials cost and $10,100 in direct labor cost. A total of 1,600 units were produced in Job 313 Required: a. What is the total manufacturing cost assigned to Job 313? b. What is the unit product cost for Job 313? 1 Doints Suipped eBook a. Total manufacturing cost b. Unit product cost Mint Print Derences

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Fundamentals In A South African Context

Authors: Gerrit Penning, Rika Butler, Pieter Von Wielligh, Frans Prinsloo

2nd Edition

0190749040, 978-0190749040

More Books

Students also viewed these Accounting questions

Question

What is conservative approach ?

Answered: 1 week ago

Question

What are the basic financial decisions ?

Answered: 1 week ago