FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Mickley Company's plantwide predetermined overhead rates $21.00 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
$ 280
$ 165
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 decima
places.)
1. Total manufacturing cost
2. Unit product cost
per unit
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Transcribed Image Text:Mickley Company's plantwide predetermined overhead rates $21.00 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 $ 280 $ 165 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 decima places.) 1. Total manufacturing cost 2. Unit product cost per unit
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