Mickley Companys plantwide predetermined overhead rate is 22

Mickley Company\'s plantwide predetermined overhead rate is $22.00 per direct labor-hour and its direct labor wage rate is $10.00 per hour. The following information pertains to Job A-500 240 100 1. What is the total manufacturing cost assigned to Job A-5007 2. If Job A-500 consists of 70 units, what is the unit product cost for this job? (Round your answer to 2 decilmal places.) 1. Total m g cost per urit

Solution

Total labor hours=($100/$10)=10 hours

Hence overhead=(22*10)=$220

a.Total manufacturing cost=Direct materials+Direct labor+Overhead

=(240+100+220)=$560.

b.Unit product cost=(560/70)=$8/unit.