please answer all requirements with explanation , computation , formulation and steps thanks for help in advance The total factory overhead for Bardot Marine Company is budgeted for the year at $600,000 divided into two departments: Fabrication, $420,000, and Assembly, $180,000. Bardot Marine manufactures two types of boats: speedboats and bass boats. The speedboats require 8 direct labor hours (dlh) in Fabrication and 4 direct labor hours in Assembly. The bass boats require 4 direct labor hours in Fabrication and 8 direct labor hours in Assembly. Each product is budgeted for 250 units of production for the year. A. Determine the total number of budgeted direct labor hours for the year in each department. Fabrication direct labor hours Assembly direct labor hours B. Determine the departmental factory overhead rates for both departments. When required, round all per-unit answers to the nearest cent. Fabrication per dlh Assembly per dlh C. Determine the factory overhead allocated per unit for each product using the department factory overhead allocation rates. When required, round all per-unit answers to the nearest cent. Speedboat per unit Bass boat per unit

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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please answer all requirements with explanation , computation , formulation and steps thanks for help in advance 

The total factory overhead for Bardot Marine Company is budgeted for the year at $600,000 divided into two departments: Fabrication, $420,000, and Assembly, $180,000. Bardot Marine manufactures two types of boats: speedboats and bass boats. The speedboats require 8 direct labor hours (dlh) in Fabrication and 4 direct labor hours in Assembly. The bass boats require 4 direct labor hours in Fabrication and 8 direct labor hours in Assembly. Each product is budgeted for 250 units of production for the year.

A. Determine the total number of budgeted direct labor hours for the year in each department.

Fabrication direct labor hours
Assembly direct labor hours

 

B. Determine the departmental factory overhead rates for both departments. When required, round all per-unit answers to the nearest cent.

Fabrication per dlh
Assembly per dlh

 

C. Determine the factory overhead allocated per unit for each product using the department factory overhead allocation rates. When required, round all per-unit answers to the nearest cent.

Speedboat per unit
Bass boat per unit
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