Required Information Use the following information for the Exercises below. (Algo) [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 $251,250 in the Molding department and $211,250 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 Z Part X Totals Number of Units 3,000 4,000 Molding Department Hours per Unit 2.8 MH per unit 2.5 MH per unit Total Hours 6,000 MH 10,000 MH 16,000 MH Exercise 17-8 (Algo) Departmental overhead rates LO P2 Trimming Department Complete this question by entering your answers in the tabs below. Hours per Unit 3 DLH per unit 4 DLH per unit Total Hours 9,000 DLH 16,000 DLH 25,000 DLH Required: 1. Compute a departmental overhead rate for the Molding department based on machine hours and a departmental overhead rate for the Trimming department based on direct labor hours. 2. Determine the overhead cost per unit for each part using the departmental rates.
Required Information Use the following information for the Exercises below. (Algo) [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 $251,250 in the Molding department and $211,250 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 Z Part X Totals Number of Units 3,000 4,000 Molding Department Hours per Unit 2.8 MH per unit 2.5 MH per unit Total Hours 6,000 MH 10,000 MH 16,000 MH Exercise 17-8 (Algo) Departmental overhead rates LO P2 Trimming Department Complete this question by entering your answers in the tabs below. Hours per Unit 3 DLH per unit 4 DLH per unit Total Hours 9,000 DLH 16,000 DLH 25,000 DLH Required: 1. Compute a departmental overhead rate for the Molding department based on machine hours and a departmental overhead rate for the Trimming department based on direct labor hours. 2. Determine the overhead cost per unit for each part using the departmental rates.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Sd
![Required Information
Use the following information for the Exercises below. (Algo)
[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 $251,250 in the Molding department and $211,250 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 Z
Part X
Totals
Part Z
Number of
Units
3,000
4,000
Exercise 17-8 (Algo) Departmental overhead rates LO P2
Molding Department
Molding
Trimming
Total
Part X
Hours per Unit
2.8 MH per unit
2.5 MH per unit
Complete this question by entering your answers in the tabs below.
Molding
Trimming
Total
Required:
1. Compute a departmental overhead rate for the Molding department based on machine hours and a departmental overhead rate for
the Trimming department based on direct labor hours.
2. Determine the overhead cost per unit for each part using the departmental rates.
Total Hours
6,000 MH
10,000 MH
16,000 MH
Required 1 Required 2
Determine the overhead cost per unit for each part using the departmental rates. (Round "Overhead rate" and "Hours per
unit" to 2 decimal places.)
Departmental Overhead Rate
Departmental Overhea Rate
< Required 1
Hours per Unit
Hours per Unit
3 DLH per unit
4 DLH per unit
Hours per Unit
Trimming Department
Overhead cost per unit
0.00
0.00
$
Total Hours
9,000 DLH
16,000 DLH
25,000 DLH
Overhead cost per unit
$
0.00
0.00
Required 2 >](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9ff68910-5a81-4d9a-a638-969da477fb6f%2Fb0ea9f7b-e031-4003-9e68-a83facb82817%2Fmvamgs_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required Information
Use the following information for the Exercises below. (Algo)
[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 $251,250 in the Molding department and $211,250 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 Z
Part X
Totals
Part Z
Number of
Units
3,000
4,000
Exercise 17-8 (Algo) Departmental overhead rates LO P2
Molding Department
Molding
Trimming
Total
Part X
Hours per Unit
2.8 MH per unit
2.5 MH per unit
Complete this question by entering your answers in the tabs below.
Molding
Trimming
Total
Required:
1. Compute a departmental overhead rate for the Molding department based on machine hours and a departmental overhead rate for
the Trimming department based on direct labor hours.
2. Determine the overhead cost per unit for each part using the departmental rates.
Total Hours
6,000 MH
10,000 MH
16,000 MH
Required 1 Required 2
Determine the overhead cost per unit for each part using the departmental rates. (Round "Overhead rate" and "Hours per
unit" to 2 decimal places.)
Departmental Overhead Rate
Departmental Overhea Rate
< Required 1
Hours per Unit
Hours per Unit
3 DLH per unit
4 DLH per unit
Hours per Unit
Trimming Department
Overhead cost per unit
0.00
0.00
$
Total Hours
9,000 DLH
16,000 DLH
25,000 DLH
Overhead cost per unit
$
0.00
0.00
Required 2 >
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