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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:
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|
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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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