
Managerial Accounting: E3-3 Mickley Company’s predetermined overhead rate
Managerial Accounting
E3-3
Mickley Company’s predetermined overhead rate is $19.00 per direct labor-hour and its direct labor wage rate is $15.00 per hour. The following information pertains to Job A-500:
Direct materials 240
Direct labor 225
Required:
a. What is the total manufacturing cost assigned to Job A-500?
b. If Job A-500 consists of 40 units, what is the average cost assigned to each unit included in the job?(Round your answer to 2 decimal places.)
E3-3
Mickley Company’s predetermined overhead rate is $19.00 per direct labor-hour and its direct labor wage rate is $15.00 per hour. The following information pertains to Job A-500:
Direct materials 240
Direct labor 225
Required:
a. What is the total manufacturing cost assigned to Job A-500?
b. If Job A-500 consists of 40 units, what is the average cost assigned to each unit included in the job?(Round your answer to 2 decimal places.)
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