Mickley Companys predetermined overhead rate is $18.00 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	$260
Direct labor	$210

Required:

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

b.

If Job A-500 consists of 50 units, what is the average cost assigned to each unit included in the job? (Round your answer to 2 decimal places.)

2. The following cost data relate to the manufacturing activities of Chang Company during the just completed year

Manufacturing overhead costs incurred:
Indirect materials	$	16,200
Indirect labor		142,000
Property taxes, factory		9,200
Utilities, factory		82,000
Depreciation, factory		169,900
Insurance, factory		11,200
Total actual manufacturing overhead costs incurred	$	430,500
Other costs incurred:
Purchases of raw materials (both direct and indirect)	$	412,000
Direct labor cost	$	72,000
Inventories:
Raw materials, beginning	$	21,200
Raw materials, ending	$	31,200
Work in process, beginning	$	41,200
Work in process, ending	$	71,200

The company uses a predetermined overhead rate to apply overhead cost to jobs. The rate for the year was $21 per machine-hour. A total of 20,900 machine-hours was recorded for the year

Required:

1.	Compute the amount of underapplied or overapplied overhead cost for the year.

2.	Prepare a schedule of cost of goods manufactured for the year.
	Direct Materials: Raw Materials available for use: Raw Materials used in production: Total Manufacturing Cost: Cost of Good Manufactured: