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Overhead cost Direct labor hours Machine hours Fabricating $ 560,000 52,000 DLH 70,000 MH Assembly $ 60,000 10,000 DLH 63,500 MH Laval reports the following for one of its products, a desk lamp. Desk lamp Number of Units 3,000 Required: Fabricating Department Assembly Department Direct Labor Hours Machine Hours per Direct Labor Hours Machine Hours per per Unit Unit per Unit Unit 5 DLH per unit 2 MH per unit 1 DLH per unit 0.5 MH per unit 1. Determine the plantwide overhead rate using 62,000 direct labor hours as the allocation base. 2. Determine the overhead cost per unit for the desk lamp using the plantwide overhead rate. 3. Compute departmental overhead rates based on machine hours in the Fabricating department and direct labor hours in the Assembly department. 4. Determine the overhead cost per unit for the desk lamp using the departmental overhead rates. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the overhead cost per unit for the desk lamp using the plantwide overhead rate. Desk lamp Plantwide Overhead Rate Hours Used Overhead Cost per Unit 4. Determine the overhead cost per unit for the desk lamp using the departmental overhead rates. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the overhead cost per unit for the desk lamp using the departmental overhead rates. Department Fabricating Assembly Total Departmental Overhead Rate Hours per Unit Overhead Cost per Unit 69 $ 0

Overhead cost Direct labor hours Machine hours Fabricating $ 560,000 52,000 DLH 70,000 MH Assembly $ 60,000 10,000 DLH 63,500 MH Laval reports the following for one of its products, a desk lamp. Desk lamp Number of Units 3,000 Required: Fabricating Department Assembly Department Direct Labor Hours Machine Hours per Direct Labor Hours Machine Hours per per Unit Unit per Unit Unit 5 DLH per unit 2 MH per unit 1 DLH per unit 0.5 MH per unit 1. Determine the plantwide overhead rate using 62,000 direct labor hours as the allocation base. 2. Determine the overhead cost per unit for the desk lamp using the plantwide overhead rate. 3. Compute departmental overhead rates based on machine hours in the Fabricating department and direct labor hours in the Assembly department. 4. Determine the overhead cost per unit for the desk lamp using the departmental overhead rates. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the overhead cost per unit for the desk lamp using the plantwide overhead rate. Desk lamp Plantwide Overhead Rate Hours Used Overhead Cost per Unit 4. Determine the overhead cost per unit for the desk lamp using the departmental overhead rates. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the overhead cost per unit for the desk lamp using the departmental overhead rates. Department Fabricating Assembly Total Departmental Overhead Rate Hours per Unit Overhead Cost per Unit 69 $ 0

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter6: Activity-based, Variable, And Absorption Costing
Section: Chapter Questions
Problem 5PB: Wrappers Tape makes two products: Simple and Removable. It estimates it will produce 369,991 units...
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Overhead cost Direct labor hours Machine hours Fabricating $ 560,000 52,000 DLH 70,000 MH Assembly $ 60,000 10,000 DLH 63,500 MH Laval reports the following for one of its products, a desk lamp. Desk lamp Number of Units 3,000 Required: Fabricating Department Assembly Department Direct Labor Hours Machine Hours per Direct Labor Hours Machine Hours per per Unit Unit per Unit Unit 5 DLH per unit 2 MH per unit 1 DLH per unit 0.5 MH per unit 1. Determine the plantwide overhead rate using 62,000 direct labor hours as the allocation base. 2. Determine the overhead cost per unit for the desk lamp using the plantwide overhead rate. 3. Compute departmental overhead rates based on machine hours in the Fabricating department and direct labor hours in the Assembly department. 4. Determine the overhead cost per unit for the desk lamp using the departmental overhead rates. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the overhead cost per unit for the desk lamp using the plantwide overhead rate. Desk lamp Plantwide Overhead Rate Hours Used Overhead Cost per Unit
Transcribed Image Text:Overhead cost Direct labor hours Machine hours Fabricating $ 560,000 52,000 DLH 70,000 MH Assembly $ 60,000 10,000 DLH 63,500 MH Laval reports the following for one of its products, a desk lamp. Desk lamp Number of Units 3,000 Required: Fabricating Department Assembly Department Direct Labor Hours Machine Hours per Direct Labor Hours Machine Hours per per Unit Unit per Unit Unit 5 DLH per unit 2 MH per unit 1 DLH per unit 0.5 MH per unit 1. Determine the plantwide overhead rate using 62,000 direct labor hours as the allocation base. 2. Determine the overhead cost per unit for the desk lamp using the plantwide overhead rate. 3. Compute departmental overhead rates based on machine hours in the Fabricating department and direct labor hours in the Assembly department. 4. Determine the overhead cost per unit for the desk lamp using the departmental overhead rates. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the overhead cost per unit for the desk lamp using the plantwide overhead rate. Desk lamp Plantwide Overhead Rate Hours Used Overhead Cost per Unit
4. Determine the overhead cost per unit for the desk lamp using the departmental overhead rates. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the overhead cost per unit for the desk lamp using the departmental overhead rates. Department Fabricating Assembly Total Departmental Overhead Rate Hours per Unit Overhead Cost per Unit 69 $ 0
Transcribed Image Text:4. Determine the overhead cost per unit for the desk lamp using the departmental overhead rates. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the overhead cost per unit for the desk lamp using the departmental overhead rates. Department Fabricating Assembly Total Departmental Overhead Rate Hours per Unit Overhead Cost per Unit 69 $ 0
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