Mickley company''s predetermined overhead rate

Assignment Help Financial Accounting
Reference no: EM13963472

Mickley Company's predetermined overhead rate is $23.00 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

$290

  Direct labor

$75

 

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.)

Reference no: EM13963472

Questions Cloud

What is the primary potential problem with ethical egoism : In your opinion, what is the primary potential problem with Ethical Egoism as a moral theory? Explain
Spectrophotometric data for kmno4 : 1. Scenario: You are in in the lab and just created the graph for Data Table 1. After looking at the data, for which concentration of solution would you repeat the absorbance measurement if enough time was left in lab? Why?
How gains or losses on impaired assets : Explain how gains or losses on impaired assets should be reported in income in IFRS.
Write a program that prompt the user to enter the two points : Write a program that prompts the user to enter the two points, and then displays the distance between them. You may assume the values entered are valid.
Mickley company''s predetermined overhead rate : Mickley Company's predetermined overhead rate is $23.00 per direct labor-hour and its direct labor wage rate is $15.00 per hour. The following information pertains to Job
Result of evaluating : Consider the following functions, written in ML: exception Excpt of int; fun twice(f,x) = f(f(x)) handle Excpt(x) => x;
Which has the greater wavelength, blue light or red light : A photon corresponding to a particular frequency of blue light produces a transition from the n = 2 to the n = 5 level of a hydrogen atom. Could this photon produce the same transition (n = 2 to n = 5) in an atom of X? Explain.
Explain the implications of research on parental behavior : In your initial post of a minimum of 350 words, explain the implications of the research on parental behavior and environmental factors as they relate to human personality development. Describe how this research data might be used to explain unhea..
Teledex company manufactures products to customers : Teledex Company manufactures products to customers' specifications and operates a job order costing system. Manufacturing overhead cost is applied to jobs on the basis of direct labor cost

Reviews

Write a Review

Financial Accounting Questions & Answers

  What number of shares should be used in computing basic earn

What number of shares should be used in computing basic earnings per share for the year ended December 31, 2011?

  Prepare journal entries for the transactions that occurred

Enter the adjusting entry for bad debt expense at the end of 20-6. Prepare journal entries for the transactions that occurred in 20-7.

  Determine the intrinsic value and time value of option

For each of the above dates, determine the intrinsic value and the time value of the option. and If the price of diesel fuel remained below $2.16 per barrel through November, calculate the effect on earnings traceable to the hedge.

  Why any unamortized premium should be reported

The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 60,000 shares were originally issued and 10,000 were subsequently reacquired. What is the number of shares outstanding?

  How much may dirk claim as a deduction for state income tax

how much may Dirk claim as a deduction for state income taxes on his Federal income tax return for calendar year 2011

  Morganton company makes one product

Morganton Company makes one product and it provided the following information to help prepare the master budget for its first four months of operations:

  Calculate prior service cost at the inception of the plan

On January 1, x1, Brown Corp initiated a non-contributory defined benefit pension plan for all six employees in its word processing department. The plan benefit formula provides that each year of service earns each employee an annual retirement benef..

  Calculate the cash flow ratios presented in the readings

Choose a publicly traded company, and review its statement of cash flows. Provide a link to the statement in your post. Do not choose a company about which one of your classmates has already posted. Calculate the cash flow ratios presented in the rea..

  Problem 1effect of accrued interest on financial

problem 1effect of accrued interest on financial statementsnorman co. borrowed 15000 from the local bank on 1st april

  You have just hired as a new management trainee by earrings

you have just hired as a new management trainee by earrings unlimited a distributor of earrings to different retail

  Calculation of missing information used in accounts

calculation of missing information used in accounts equation.1. at the beginning of the year new wave companys

  Evaluate operating income for rim and tip

Evaluate operating income for RIM and TIP, discretely, and the net operating income for both.

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