Answer:
1 | Total manufacturing cost | $825 |
2 | Unit product cost | $16.50 |
Calculations:
Requirement 1:
i.Total direct labor hours = Total direct labor cost ÷ Direct labor wage rate per hour = $210 / $14.00 = 15 labor hours
ii.Manufacturing overhead = Total labor hours x Predetermined overhead rate = 15 x $23.00 = $345
Direct materials | $270 |
Direct labor | $210 |
Manufacturing overhead | $345 |
Total Manufacturing cost | $825 |
Requirement 2:
Unit product cost = Total manufacturing cost ÷ Total units = $825/50 = $16.50 per unit
Check my word Mickley Company's plantwide predetermined overhead rate is $23.00 per direct labor-hour and its...
Mickley Company's plantwide predetermined overhead rate is $23.00 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 $ 270 $ 260 Required 1. What is the total manufacturing cost assigned to Job A-500? 2. If Job A-500 consists of 60 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...
Check my work Mickley Company's plantwide predetermined overhead rate is $23.00 per direct labor-hour and its direct labor wage rate is $16.00 per hour. The following information pertains to Job A 500 direct labore Required 1. What is the total manufacturing cost assigned to Job A500? 2 JOD A 500 consists of 60 units, what is the unit product cost for this job (Round your answer to 2 decimal places.)
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Mickley Company's plantwide predetermined overhead rate is $23.00 per direct labor-hour and its direct labor wage rate is $11.00 per hour. The following information pertains to Job A-500: Direct materials Direct labor $ 250 $ 55 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.) 1. Total manufacturing cost 2. Unit product cost...
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Mickley Company's plantwide predetermined overhead rate is $23.00 per direct labor-hour and its direct labor wage rate is $11.00 per hour. The following information pertains to Job A-500: Direct materials Direct labor $ 210 $ 165 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.) Total manufacturing cost 2. Unit product cost per...
Mickley Company's plantwide predetermined overhead rate is $23.00 per direct labor-hour and its direct labor wage rate is $11.00 per hour. The following information pertains to Job A-500 Direct materials Direct labor $ 210 $ 110 Required: 1. What is the total manufacturing cost assigned to Job A-500? 2. If Job A-500 consists of 40 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...
Mickley Company’s plantwide predetermined overhead rate is $23.00 per direct labor-hour and its direct labor wage rate is $12.00 per hour. The following information pertains to Job A-500: Direct materials $ 220 Direct labor $ 60 Required: 1. What is the total manufacturing cost assigned to Job A-500? 2. If Job A-500 consists of 90 units, what is the unit product cost for this job?
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