Question
Mickley Companys predetermined overhead rate is $14.00 per direct labor-hour and its direct labor wage rate is $12.00 per hour. The following information pertains to
| Mickley Companys predetermined overhead rate is $14.00 per direct labor-hour and its direct labor wage rate is $12.00 per hour. The following information pertains to Job A-500: |
| Direct materials | $230 |
| Direct labor | $108 |
| 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 average cost assigned to each unit included in the job?(Round your answer to 2 decimal places.) |
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Principles of Accounting
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
12th edition
978-1133603054, 113362698X, 9781285607047, 113360305X, 978-1133626985
