Problem
Mickley Company's predetermined overhead rate is $24.00 per direct labor-hour and its direct labor wage rate is $14.00 per hour. The following information pertains to Job A-500:
Direct materials $210
Direct labor $70
Required:
1. What is the total manufacturing cost assigned to Job A-500?
2. If Job A-500 consists of 80 units, what is the average cost assigned?