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Homework - Chapter 2 Saved 3 Exercise 2-3 Computing Total Job Costs and Unit Product Costs Using a Plantwide Predeterminecd Overhead Rate [LO2-3] 14.28 points Mickley Companys plantwide predetermined overhead rate is $22.00 per direct labor-hour and its direct labor wage rate is $15.00 per hour. The following information pertains to Job A-500: Direct materials Direct labor $ 210 $ 150 eBook 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.) Hint Print 1. Total manufacturing cost 2. Unit product cost References2 per unit

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Answer #1

1) Calculate total manufacturing cost

Direct material 210
Direct labor 150
Overhead applied (150/15*22) 220
Total manufacturing cost 580

2) Unit product cost = 580/50 = $11.60 per unit

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