com hapter 02 Homework 6 Help Save&ExitSubmit; 2 Exercise 2-3 Computing Total Jo

Question

com hapter 02 Homework 6 Help Save&ExitSubmit; 2 Exercise 2-3 Computing Total Job Costs and Unit Product Costs Using a Plantwide Predetermined Overhead Rate [LO2-3 50 points Mickley Company's plantwide predetermined overhead rate is $24.00 per direct labor-hour and its direct labor wage rate is $12.00 per hour. The following information pertains to Job A-500 240 s 180 Direct labor References 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.) 2. Unit product

Explanation / Answer

Manufacturiing Cost of Job A-500 Material 240 labour (15 hours @ 12) 180 OH applied (15 hours @ 24) 360 Total Mnaufacturing cost 780 Unit product cost under Job a-500 Total manufacturing cost 780 Divide: Number of units 70 Unit product cost    11.14

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