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Mickley Companys predetermined overhead rate is $19.00 per direct labor-hour and its direct labor wage rate is $11.00 per hour. The following information pertains to
Mickley Companys predetermined overhead rate is $19.00 per direct labor-hour and its direct labor wage rate is $11.00 per hour. The following information pertains to Job A-500:
Mickley Company's predetermined overhead rate is $19.00 per direct labor-hour and its direct labor wage rate is $11.00 per hour. The following information pertains to Job A-500: Direct materials Direct labor $230 $110 Required: 1. What is the total manufacturing cost assigned to Job A-500? Total manufacturing cost $ 530 2. If Job A-500 consists of 80 units, what is the average cost assigned to each unit included in the job? (Round your answer to 2 decimal places.) Average cost per unitStep by Step Solution
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