3 Mickley Company\'s plantwide predetermined overhead rate is $20.00 per direct

Question

3 Mickley Company's plantwide predetermined overhead rate is $20.00 per direct labor-hour and its direct labor wage rate is $14.00 per hour. The following information pertains to Job A-500: 12.5 points taime:1: 13itgaty..iaLt; Direct labor 31. 140 Skipped Required 1. What is the total manufacturing cost assigned to Job A-500? 2. If Job A-500 consists of 70 units, what is the unit product cost for this job? (Round your answer to 2 decimal places.) eBook Hint Print References 1. Total manufacturing cost 2. Unit product cost per unit

Explanation / Answer

Total hours=($140/14)=10

Hence Total overhead=(10*$20)=$200

a.Total manufcturing cost=Direct material+Direct labor+Total overhead

=(230+140+200)=$570

b.Unit product cost=(570/70)=$8.14(Approx).

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