Question

6 Mickley Companys plantwide predetermined overhead rate is $2100 per direct labor hour and its direct labor wage rate is $1
7 Newhard Company assigns overhead cost to jobs on the basis of 125% of direct labor cost. The job cost sheet for Job 313 inc
8 Newhard Company assigns overhead cost to jobs on the basis of 118% of direct labor cost. The job cost sheet for Job 313 inc
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Answer #1

6.  

1.Overhead Rate = $21 per direct labor hour.

Number  of direct Labour hours = Direct Labour cots / Labor wage rate = $225/$15 =15 hours

Overhead Costs = $21 * 15 hours

= $315

Total Manufacturing Costs = Direct materials cost + Direct labor cost + Total over head cost

= $270 + $225 + $315 = $810

2. Unit Production cost of Job A 500 =  Total Manufacturing Costs / Number of units

= $810 / 40 = $20.25 per unit

7.

a. Total Manufacturing Costs.

= Direct materials + direct labor+ manufacturing overhead applied

= $10000 + $12000 + ($12000 * 125%)

= $37000

b. Unit Product Cost

= Total manufacturing cost / number of units

= $37000/ 1000 units = $37 per unit.

8.

a. Total Manufacturing Costs.

= Direct materials + direct labor+ manufacturing overhead applied

= $ 25982 + $ 10100 + ($10100 * 118%)

=$48000

b. Unit Product Cost

= Total manufacturing cost / number of units

= $48000/ 1600 units = $30 per unit.

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