2 1 of 2 nts eBook Hint Print References Mc Graw Hill hp ! Required information Use the following Information for the Exercises below. (Algo) [The following Information applies to the questions displayed below.] Textra produces parts for a machine manufacturer. Parts go through two departments, Molding and Trimming. The company budgets overhead cost of $248,750 In the Molding department and $208,750 in the Trimming department. The company budgets 16,000 machine hours (MH) In Molding and 25,000 direct labor hours (DLH) In Trimming. Actual production Information follows. Part Z Part X Totals Number of Units 3,000 4,000 Molding Department Hours per Unit 2.0 MH per unit 2.5 MH per unit Exercise 17-7 (Algo) Plantwide overhead rate LO P1 Required 1 Total Hours 6,000 MH 10,000 MH 16,000 MH Complete this question by entering your answers in the tabs below. Required 2 Required: 1. Compute the plantwide overhead rate using direct labor hours as the allocation base. 2. Determine the overhead cost per unit for each part using the plantwide rate. < Prev Compute the plantwide overhead rate using direct labor hours as the allocation base. S 2 3 of 5 Hours per Unit 3 DLH per unit 4 DLH per unit Required 2 > 98°F Trimming Department Next > Pa Check my work Total Hours 9,000 DLH 16,000 DLH 25,000 DUH 4:55 PM 7/21/2022

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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102
eBook
7
Print
0
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hp
Required information
Use the following Information for the Exercises below. (Algo)
[The following Information applies to the questions displayed below.]
Textra produces parts for a machine manufacturer. Parts go through two departments, Molding and
Trimming. The company budgets overhead cost of $248,750 in the Molding department and
$208,750 in the Trimming department. The company budgets 16,000 machine hours (MH) In
Molding and 25,000 direct labor hours (DLH) In Trimming. Actual production Information follows.
Part 2
Part X
Totals
Number of
Required 1
4.000
Exercise 17-7 (Algo) Plantwide overhead rate LO P1
3
Required:
1. Compute the plantwide overhead rate using direct labor hours as the allocation base.
2. Determine the overhead cost per unit for each part using the plantwide rate.
Molding Department
Hours per Unit
2.8 MH per unit
2.5 MH per unit
Complete this question by entering your answers in the tabs below.
Required 2
X
Total Hours
6,000 MH
10,000 MH
16,000 MI
< Prev
g
Compute the plantwide overhead.rate using direct labor hours as the allocation base.
IE
SEA
DA
PERO MA
224
Panama Har
a weten dat
Wazee
PORSC
M
of 5
2:3 6 ##
G
The 33
HERE ARE
F
Required 2 >
Trimming Department
Hours per Unit
3 DLM per unit
4 DLH per unil
ASFERRE
refer
Next T
^OLÒ4)
Check my work
Total Hours
9,000 DLH
16,000 DLH
25,000 DUI
4:55 PM
7/21/2022
Transcribed Image Text:2 102 eBook 7 Print 0 Referancso Grow hp Required information Use the following Information for the Exercises below. (Algo) [The following Information applies to the questions displayed below.] Textra produces parts for a machine manufacturer. Parts go through two departments, Molding and Trimming. The company budgets overhead cost of $248,750 in the Molding department and $208,750 in the Trimming department. The company budgets 16,000 machine hours (MH) In Molding and 25,000 direct labor hours (DLH) In Trimming. Actual production Information follows. Part 2 Part X Totals Number of Required 1 4.000 Exercise 17-7 (Algo) Plantwide overhead rate LO P1 3 Required: 1. Compute the plantwide overhead rate using direct labor hours as the allocation base. 2. Determine the overhead cost per unit for each part using the plantwide rate. Molding Department Hours per Unit 2.8 MH per unit 2.5 MH per unit Complete this question by entering your answers in the tabs below. Required 2 X Total Hours 6,000 MH 10,000 MH 16,000 MI < Prev g Compute the plantwide overhead.rate using direct labor hours as the allocation base. IE SEA DA PERO MA 224 Panama Har a weten dat Wazee PORSC M of 5 2:3 6 ## G The 33 HERE ARE F Required 2 > Trimming Department Hours per Unit 3 DLM per unit 4 DLH per unil ASFERRE refer Next T ^OLÒ4) Check my work Total Hours 9,000 DLH 16,000 DLH 25,000 DUI 4:55 PM 7/21/2022
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