Homework Fabrication Assembly eBook Multiple production department factory overhead rates The total factory overhead for Cypress Marine Company is budgeted for the year at $588,875, divided into two departments: Fabrication, $483,875, and Assembly, $105,000. Cypress Marine manufactures two types of boats: speedboats and bass boats. The speed boats require four direct labor hours in Fabrication and two direct labor hours in Assembly. The bass boats require three direct labor hours in Fabrication and two direct labor hours in Assembly. Each product is budgeted for 3,500 units of production for the year. If required, round all per unit answers to the nearest cent. a. Determine the total number of budgeted direct labor hours for the year in each department. direct labor hours direct labor hours Show Me How b. Determine the departmental factory overhead rates for both departments. Fabrication Department rate $ per dlh per dlh Assembly Department rate $ c. Determine the factory overhead allocated per unit for each product using the department factory overhead allocation rates. Total factory overhead $ per speedboat Total factory overhead $ per bass boat Previous Next utational Homework Fabrication Assembly eBook Multiple production department factory overhead rates The total factory overhead for Cypress Marine Company is budgeted for the year at $588,875, divided into two departments: Fabrication, $483,875, and Assembly, $105,000. Cypress Marine manufactures two types of boats: speedboats and bass boats. The speedboats require four direct labor hours in Fabrication and two direct labor hours in Assembly. The bass boats require three direct labor hours in Fabrication and two direct labor hours in Assembly. Each product is budgeted for 3,500 units of production for the year. If required, round all per unit answers to the nearest cent. a. Determine the total number of budgeted direct labor hours for the year in each department. direct labor hours direct labor hours Show Me How b. Determine the departmental factory overhead rates for both departments. Fabrication Department rate $ per dlh per dlh Assembly Department rate $ c. Determine the factory overhead allocated per unit for each product using the department factory overhead allocation rates. Total factory overhead $ per speedboat Total factory overhead $ per bass boat W Previous Next >