Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Mickley Company's plantwide predetermined overhead rate is $ 2 2 . 0 0 per direct labor - hour and its direct labor wage rate is

Mickley Company's plantwide predetermined overhead rate is $22.00 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
Direct labor
$290
$70
Required:
What is the total manufacturing cost assigned to Job A-500?
If Job A-500 consists of 60 units, what is its unit product cost?
Note: Round your answer to 2 decimal places.
\table[[1. Total manufacturing cost,],[2. Unit product cost,per unit]]
image text in transcribed

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

Horngrens Accounting Volume 1

Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura, Carol Meissner, JoAnn Johnston, Peter Norwood

11th Canadian Edition

0135359708, 9780135359709

More Books

Students also viewed these Accounting questions

Question

Is there just cause to dismiss Bonita? Explain your answer.

Answered: 1 week ago

Question

Explain the legal term assumption of risk .

Answered: 1 week ago