Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly. Data for the products and departments are listed below. Number of Direct Labor Hours Machine Hours Per Unit Per Unit Product Units Blinks 1,000 Dinks 2,000 2 8 All of the machine hours take place in the Fabrication Department, which has an estimated overhead of $84,000. Department, which has an estimated total overhead of $72,000. Ramapo Company uses a single plantwide overhead rate to apply all factory overhead costs based on direct labor hours. The factory overhead alocated per unit of blinks a $19.50 b. 156.00 Ⓒc. $78.00 d. $37.45 labor hours take place in the Assembly
Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly. Data for the products and departments are listed below. Number of Direct Labor Hours Machine Hours Per Unit Per Unit Product Units Blinks 1,000 Dinks 2,000 2 8 All of the machine hours take place in the Fabrication Department, which has an estimated overhead of $84,000. Department, which has an estimated total overhead of $72,000. Ramapo Company uses a single plantwide overhead rate to apply all factory overhead costs based on direct labor hours. The factory overhead alocated per unit of blinks a $19.50 b. 156.00 Ⓒc. $78.00 d. $37.45 labor hours take place in the Assembly
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly, Data for the products and
departments are listed below,
Number of Direct Labor Hours
Per Unit
Machine Hours
Per Unit
Product Units
Blinks
1,000
S
Dinks
2,000
2
8
All of the machine hours take place in the Fabrication Department, which has an estimated overhead of $84,000. All of the labor hours take place in the Assembly
Department, which has an estimated total overhead of $72,000.
Ramapo Company uses a single plantwide overhead rate to apply all factory overhead costs based on direct labor hours. The factory overhead allocated per unit of blinks
a $19.50
b. 556.00
Cc. $78.00
d. $37.45
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