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Exercise 2-3 Computing Total Job Costs and Unit Product Costs Using a Plantwide Predetermined Overhead Rate [LO2-3] Mickley Companys plantwide predetermined overhead rate is $19.00

Exercise 2-3 Computing Total Job Costs and Unit Product Costs Using a Plantwide Predetermined Overhead Rate [LO2-3]

Mickley Companys plantwide predetermined overhead rate is $19.00 per direct labor-hour and its direct labor wage rate is $14.00 per hour. The following information pertains to Job A-500:

Direct materials

$

280

Direct labor

$

140

Required:

1. What is the total manufacturing cost assigned to Job A-500?

2. If Job A-500 consists of 60 units, what is the unit product cost for this job?

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