Question

Mickley Company's plantwide predetermined overhead rate is $22.00 per direct labor-hour and its direct labor wage rate is $13.00 per hour. The following information pertains to Job A 500: Direct materials Direct labor DOK Required: 1. What is the total manufacturing cost assigned to Job A 500? 2. If Job A-500 consists of 50 units, what is the unit product cost for this job? (Round your answer to 2 decimal places.) 1. Total manufacturing cost 2. Unit product cost per unit ences

Answer 1

1 Total Manufacturing Cost 2 Unit product cost S S 415 8.30 per unit Working Notes: Direct labor Hours = $65/$13 = 5 Hors Manufacturing over head cost = 5*$22 = $110 1 Total Manufacturing Cost Direct materials $ 240 Direct Labor $ 65 Manufacturing overhead cost $ 110 Total Manufacturing Cost S 415 2 Unit Product Cost = Total manufacturing cost/production units = $415/50 = $8.30