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Mickley Companys predetermined overhead rate is $24.00 per direct labor-hour and its direct labor wage rate is $14.00 per hour. The following information pertains to
Mickley Companys predetermined overhead rate is $24.00 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 | $210 |
Direct labor | $70 |
Required: |
1. | What is the total manufacturing cost assigned to Job A-500? |
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.) |
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