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24 September, 05:41

Mickley Company's plantwide predetermined overhead rate is $14.00 per direct labor-hour and its direct labor wage rate is $17.00 per hour. The following information pertains to Job A-500: Direct materials $ 231 Direct labor $ 153 Required: 1. What is the total manufacturing cost assigned to Job A-500?

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  1. 24 September, 06:50
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    Total manufacturing cost = $510

    Explanation:

    Giving the following information:

    Mickley Company's plantwide predetermined overhead rate is $14.00 per direct labor-hour and its direct labor wage rate is $17.00 per hour. The following information pertains to Job A-500: Direct materials $ 231 Direct labor $ 153.

    Direct labor hours = 153/17 = 9 hours

    Total manufacturing cost = direct material + direct labor + manufacturing overhead = 231+153 + (14*9) = $510
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