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Mickley companys predetermined overhead rate is 2100 per

Exercise - Computing Job Costs

Mickley Company's predetermined overhead rate is $21.00 per direct labor-hour and its direct labor wage rate is $16.00 per hour. The following information pertains to Job A-500:

Direct material - $250

Direct labor - $160

Requires -

1. What is the total manufacturing cost assigned to Job A-500?

2. If job A-500 consists of 50 units, what is the average cost assigned to each unit included in the job?

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Accounting Basics: Mickley companys predetermined overhead rate is 2100 per

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