Check my work Hydro Sports budgets overhead cost of $621,000 for the year; of this amount, $405,000 is traceable to the Assembly department and $216,000 is traceable to the Finishing department. The company manufactures two types of jet skis: standard and deluxe. Budgeted direct labor hours for the standard model are 7 in Assembly and 1 in Finishing. Budgeted direct labor hours for the deluxe model are 8 in Assembly and 3 in Finishing. The company budgets production of 180 units of the standard model and 180 units of the deluxe model for the year. 1. Compute each department's total number of budgeted direct labor hours for the year. 2. Compute departmental overhead rates for each department using direct labor hours for that department. 3. Compute overhead cost per unit for each model using departmental overhead rates. Actual direct labor hours for the standard model are 7 in Assembly and 1 in Finishing. Actual direct labor hours for the deluxe model are 8 in Assembly and 3 in Finishing. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute each department's total number of budgeted direct labor hours for the year. tandard eluxe otals Number of Units Assembly Department DLHs per Unit Total Hours Finishing Department DLHs per Unit Total Hours < Required 1 Required 2 > Prev 1 of 1 Next Check my work Hydro Sports budgets overhead cost of $621,000 for the year; of this amount, $405,000 is traceable to the Assembly department and $216,000 is traceable to the Finishing department. The company manufactures two types of jet skis: standard and deluxe. Budgeted direct labor hours for the standard model are 7 in Assembly and 1 in Finishing. Budgeted direct labor hours for the deluxe model are 8 in Assembly and 3 in Finishing. The company budgets production of 180 units of the standard model and 180 units of the deluxe model for the year. 1. Compute each department's total number of budgeted direct labor hours for the year. 2. Compute departmental overhead rates for each department using direct labor hours for that department. 3. Compute overhead cost per unit for each model using departmental overhead rates. Actual direct labor hours for the standard model are 7 in Assembly and 1 in Finishing. Actual direct labor hours for the deluxe model are 8 in Assembly and 3 in Finishing. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute each department's total number of budgeted direct labor hours for the year. tandard eluxe otals Number of Units Assembly Department DLHs per Unit Total Hours Finishing Department DLHs per Unit Total Hours < Required 1 Required 2 > Prev 1 of 1 Next

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Hydro Sports budgets overhead cost of $621,000 for the year; of this amount, $405,000 is traceable to the Assembly
department and $216,000 is traceable to the Finishing department. The company manufactures two types of jet skis:
standard and deluxe. Budgeted direct labor hours for the standard model are 7 in Assembly and 1 in Finishing. Budgeted
direct labor hours for the deluxe model are 8 in Assembly and 3 in Finishing. The company budgets production of 180 units
of the standard model and 180 units of the deluxe model for the year.
1. Compute each department's total number of budgeted direct labor hours for the year.
2. Compute departmental overhead rates for each department using direct labor hours for that department.
3. Compute overhead cost per unit for each model using departmental overhead rates. Actual direct labor hours for the
standard model are 7 in Assembly and 1 in Finishing. Actual direct labor hours for the deluxe model are 8 in Assembly
and 3 in Finishing.
Complete this question by entering your answers in the tabs below.
Required 1
Required 2
Required 3
Compute each department's total number of budgeted direct labor hours for the year.
tandard
eluxe
otals
Number of
Units
Assembly Department
DLHs per Unit Total Hours
Finishing Department
DLHs per Unit
Total Hours
<
Required 1
Required 2
>
Prev
1 of 1
Next
Transcribed Image Text:Check my work Hydro Sports budgets overhead cost of $621,000 for the year; of this amount, $405,000 is traceable to the Assembly department and $216,000 is traceable to the Finishing department. The company manufactures two types of jet skis: standard and deluxe. Budgeted direct labor hours for the standard model are 7 in Assembly and 1 in Finishing. Budgeted direct labor hours for the deluxe model are 8 in Assembly and 3 in Finishing. The company budgets production of 180 units of the standard model and 180 units of the deluxe model for the year. 1. Compute each department's total number of budgeted direct labor hours for the year. 2. Compute departmental overhead rates for each department using direct labor hours for that department. 3. Compute overhead cost per unit for each model using departmental overhead rates. Actual direct labor hours for the standard model are 7 in Assembly and 1 in Finishing. Actual direct labor hours for the deluxe model are 8 in Assembly and 3 in Finishing. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute each department's total number of budgeted direct labor hours for the year. tandard eluxe otals Number of Units Assembly Department DLHs per Unit Total Hours Finishing Department DLHs per Unit Total Hours < Required 1 Required 2 > Prev 1 of 1 Next
Check my work
Hydro Sports budgets overhead cost of $621,000 for the year; of this amount, $405,000 is traceable to the Assembly
department and $216,000 is traceable to the Finishing department. The company manufactures two types of jet skis:
standard and deluxe. Budgeted direct labor hours for the standard model are 7 in Assembly and 1 in Finishing. Budgeted
direct labor hours for the deluxe model are 8 in Assembly and 3 in Finishing. The company budgets production of 180 units
of the standard model and 180 units of the deluxe model for the year.
1. Compute each department's total number of budgeted direct labor hours for the year.
2. Compute departmental overhead rates for each department using direct labor hours for that department.
3. Compute overhead cost per unit for each model using departmental overhead rates. Actual direct labor hours for the
standard model are 7 in Assembly and 1 in Finishing. Actual direct labor hours for the deluxe model are 8 in Assembly
and 3 in Finishing.
Complete this question by entering your answers in the tabs below.
Required 1
Required 2
Required 3
Compute each department's total number of budgeted direct labor hours for the year.
tandard
eluxe
otals
Number of
Units
Assembly Department
DLHs per Unit Total Hours
Finishing Department
DLHs per Unit
Total Hours
<
Required 1
Required 2
>
Prev
1 of 1
Next
Transcribed Image Text:Check my work Hydro Sports budgets overhead cost of $621,000 for the year; of this amount, $405,000 is traceable to the Assembly department and $216,000 is traceable to the Finishing department. The company manufactures two types of jet skis: standard and deluxe. Budgeted direct labor hours for the standard model are 7 in Assembly and 1 in Finishing. Budgeted direct labor hours for the deluxe model are 8 in Assembly and 3 in Finishing. The company budgets production of 180 units of the standard model and 180 units of the deluxe model for the year. 1. Compute each department's total number of budgeted direct labor hours for the year. 2. Compute departmental overhead rates for each department using direct labor hours for that department. 3. Compute overhead cost per unit for each model using departmental overhead rates. Actual direct labor hours for the standard model are 7 in Assembly and 1 in Finishing. Actual direct labor hours for the deluxe model are 8 in Assembly and 3 in Finishing. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute each department's total number of budgeted direct labor hours for the year. tandard eluxe otals Number of Units Assembly Department DLHs per Unit Total Hours Finishing Department DLHs per Unit Total Hours < Required 1 Required 2 > Prev 1 of 1 Next
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