Required Information [The following information applies to the questions displayed below] Textra produces parts for a machine manufacturer. Parts go through two departments, Molding and Trimming. The company budgets overhead cost of $246.250 in the Molding department and $206,250 in the Trimming department. The company budgets 16.000 machine hours (MH) In Molding and 25.000 direct labor hours (DLH) in Trimming. Actual production Information follows. Part 2 Part X Totals Number of Units 3,000 4,000 Required 1 Z X Molding Department Hours per Unit 2.0 MH per unit 2.5 MH per unit Required: 1. Compute the plantwide overhead rate using direct labor hours as the allocation base. 2. Determine the overhead cost per unit for each part using the plantwide rate. Complete this question by entering your answers in the tabs below. Part Total Hours 6,000 10,000 MH 16,000 M Required 2 Compute the plantwide overhead rate using direct labor hours as the allocation base. Trimming Department Hours per Unit 3 DLH per unit 4 DLH per unit Required 1 Required 2 Determine the overhead cost per unit for each part using the plantwide rate. (Round "Plantwide Overhead Rate" and "Overhead cost per unit" to 2 decimal places.) Plantwide Overhead Rate Activity Usage Total Hours 9,000 DLH 16,000 DLH 25,000 DLH Overhead cost per unit
Required Information [The following information applies to the questions displayed below] Textra produces parts for a machine manufacturer. Parts go through two departments, Molding and Trimming. The company budgets overhead cost of $246.250 in the Molding department and $206,250 in the Trimming department. The company budgets 16.000 machine hours (MH) In Molding and 25.000 direct labor hours (DLH) in Trimming. Actual production Information follows. Part 2 Part X Totals Number of Units 3,000 4,000 Required 1 Z X Molding Department Hours per Unit 2.0 MH per unit 2.5 MH per unit Required: 1. Compute the plantwide overhead rate using direct labor hours as the allocation base. 2. Determine the overhead cost per unit for each part using the plantwide rate. Complete this question by entering your answers in the tabs below. Part Total Hours 6,000 10,000 MH 16,000 M Required 2 Compute the plantwide overhead rate using direct labor hours as the allocation base. Trimming Department Hours per Unit 3 DLH per unit 4 DLH per unit Required 1 Required 2 Determine the overhead cost per unit for each part using the plantwide rate. (Round "Plantwide Overhead Rate" and "Overhead cost per unit" to 2 decimal places.) Plantwide Overhead Rate Activity Usage Total Hours 9,000 DLH 16,000 DLH 25,000 DLH Overhead cost per unit
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Please do not give solution in image format thanku
![Required Information
[The following information applies to the questions displayed below]
Textra produces parts for a machine manufacturer. Parts go through two departments, Molding and Trimming. The
company budgets overhead cost of $246.250 in the Molding department and $206,250 in the Trimming department. The
company budgets 16.000 machine hours (MH) in Molding and 25.000 direct labor hours (DLH) in Trimming. Actual
production Information follows.
Part 2
Part X
Totals
Number of
Units
3,000
4,000
Required 1
Z
X
Molding Department
Hours per Unit
2.0 PH per unit
2.5 MH per unit
Required:
1. Compute the plantwide overhead rate using direct labor hours as the allocation base.
2. Determine the overhead cost per unit for each part using the plantwide rate.
Complete this question by entering your answers in the tabs below.
Part
Total Hours
6,000 M
10,000 MH
16,000 M
Required 2
Compute the plantwide overhead rate using direct labor hours as the allocation base.
Trimming Department
Hours per Unit
3 DLH per unit
4 DLH per unit
Required 1 Required 2
Determine the overhead cost per unit for each part using the plantwide rate. (Round "Plantwide Overhead Rate" and "Overhead cost per unit" to
2 decimal places.)
Plantwide Overhead Rate
Activity Usage
Total Hours
9,000 DLH
16,000 DLH
25,000 DLH
Overhead cost per unit](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F14471910-6b4c-414d-89e3-633d0725a541%2F702a8e45-054d-442a-af05-8b452d0a6187%2Flhf6h7f_processed.png&w=3840&q=75)
Transcribed Image Text:Required Information
[The following information applies to the questions displayed below]
Textra produces parts for a machine manufacturer. Parts go through two departments, Molding and Trimming. The
company budgets overhead cost of $246.250 in the Molding department and $206,250 in the Trimming department. The
company budgets 16.000 machine hours (MH) in Molding and 25.000 direct labor hours (DLH) in Trimming. Actual
production Information follows.
Part 2
Part X
Totals
Number of
Units
3,000
4,000
Required 1
Z
X
Molding Department
Hours per Unit
2.0 PH per unit
2.5 MH per unit
Required:
1. Compute the plantwide overhead rate using direct labor hours as the allocation base.
2. Determine the overhead cost per unit for each part using the plantwide rate.
Complete this question by entering your answers in the tabs below.
Part
Total Hours
6,000 M
10,000 MH
16,000 M
Required 2
Compute the plantwide overhead rate using direct labor hours as the allocation base.
Trimming Department
Hours per Unit
3 DLH per unit
4 DLH per unit
Required 1 Required 2
Determine the overhead cost per unit for each part using the plantwide rate. (Round "Plantwide Overhead Rate" and "Overhead cost per unit" to
2 decimal places.)
Plantwide Overhead Rate
Activity Usage
Total Hours
9,000 DLH
16,000 DLH
25,000 DLH
Overhead cost per unit
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