What is the total manufacturing cost assigned to job

Assignment Help Accounting Basics
Reference no: EM131587355

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?

Reference no: EM131587355

Questions Cloud

Specific example of technology : Take a specific example of technology and explain how these two have been or might be combined.
Define identify each sentence as passive or active : Identify each sentence as passive or active. Explain why they are passive or active
The stages of organizational growth presents : Discuss which of the first four (4) stages of organizational growth presents the greatest single challenge and why.
Create a computer program : Create a computer program that can solve word search puzzles - Your program will print all the words from the dictionary found in the puzzle.
What is the total manufacturing cost assigned to job : Mickley Company's predetermined overhead rate is $21.00 per direct labor-hour, What is the total manufacturing cost assigned to Job A-500
Discuss the properties of the primitive binomial : Let G be a ring graph with n = 3 vertices and q edges. If G is 2-connected and has no triangles, then q = 2(n - 2) ? Let G be a graph with q edges and P(G).
Provide example of oneway anova that is use in everyday life : Think about the world around you. Provide an example of one-way ANOVA that is used in everyday life, in business, or in science.
What the impact on the business and consumers would be : Choose one of the two bills and tell us what the legislation mandates, what the impact on the business and consumers would be, and whether you agree with it.
Largest degree of binomial which is part of minimnal set : Let G be a bipartite graph with bipartition (X, Y ). Prove that the largest degree of a binomial which is part of a minimal set of homogeneous generators.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd