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Exercise 2-3 Computing Total Job Costs and Unit Product Costs Using a Plantwide Predetermined Overhead Rate [LO2-3) Mickley C
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Answer #1
Answer (1)
Direct labor cost / Direct labor wage rate per hour
$ 110/ 11 Per Hour.
= 10 Direct Labour Hours
1 Total Manufacturing Cost assigned to Job A-500
                 = ($21* 10 Direct Labour Hours) + $290 + $110
                            = $ 210 + $290 + $110
Total Manufacturing Cost = $ 610
2 Unit product cost for Job A-500
Total Manufacturing Cost / Number of Unit
$610 / 60 units
Unit product cost for Job A-500 = $10.17 per unit
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