QUESTION 12 Aleutian Company produces two products: Rings and Dings. They are manufactured in two departments: Fabrication and Assembly. Data for the products and departments are listed below. Product Rings Dings Direct Labor Number of Units Hours per Unit 4 3 1,000 2,000 Machine Hours per Unit 6 9 All of the machine hours take place in the Fabrication Department, which has estimated total factory overhead of $90,000. All of the labor hours take place in the Assembly Department, which has estimated total factory overhead of $105,000. Aleutian Company uses the multiple production department factory overhead rate method. The Fabrication Department uses machine hours as an allocation base, and the Assembly Department uses direct labor hours. The Fabrication Department's factory overhead rate (rounded to the nearest cent) is a. $8.12 per machine hour b. $9.00 per direct labor hour Oc. $10.50 per direct labor hour Od. $3.75 per machine hour 1 poi

QUESTION 12 Aleutian Company produces two products: Rings and Dings. They are manufactured in two departments: Fabrication and Assembly. Data for the products and departments are listed below. Product Rings Dings Direct Labor Number of Units Hours per Unit 4 3 1,000 2,000 Machine Hours per Unit 6 9 All of the machine hours take place in the Fabrication Department, which has estimated total factory overhead of $90,000. All of the labor hours take place in the Assembly Department, which has estimated total factory overhead of $105,000. Aleutian Company uses the multiple production department factory overhead rate method. The Fabrication Department uses machine hours as an allocation base, and the Assembly Department uses direct labor hours. The Fabrication Department's factory overhead rate (rounded to the nearest cent) is a. $8.12 per machine hour b. $9.00 per direct labor hour Oc. $10.50 per direct labor hour Od. $3.75 per machine hour 1 poi

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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