Single Plantwide Factory Overhead Rate The total factory overhead for Bardot Marine Company is budgeted for the year at $600,000. Bardot Marine manufactures two types of boats: speedboats and bass boats. The speedboat and bass boat each require four direct labor hours for manufacture. Each product is budgeted for 4,000 units of production for the year. When required, round all per unit answers to the nearest cent. a. Determine the total number of budgeted direct labor hours for the year. 6,000 X direct labor hours b. Determine the single plantwide factory overhead rate. 100 x per dih c. Determine the factory overhead allocated per unit for each product using the single plantwide factory overhead rate. Speedboat 1,200 X per unit 1,200 X per unit Bass boat

Single Plantwide Factory Overhead Rate The total factory overhead for Bardot Marine Company is budgeted for the year at $600,000. Bardot Marine manufactures two types of boats: speedboats and bass boats. The speedboat and bass boat each require four direct labor hours for manufacture. Each product is budgeted for 4,000 units of production for the year. When required, round all per unit answers to the nearest cent. a. Determine the total number of budgeted direct labor hours for the year. 6,000 X direct labor hours b. Determine the single plantwide factory overhead rate. 100 x per dih c. Determine the factory overhead allocated per unit for each product using the single plantwide factory overhead rate. Speedboat 1,200 X per unit 1,200 X per unit Bass boat

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Description: Single Plantwide Factory Overhead RateThe total factory overhead for Bardot Marine Company is budgeted for the year at $600,000. Bardot Marine manufactures two types of boats: speedboats and bass boats. The speedboat and bass boat each require four

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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Problem 1Q

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Single Plantwide Factory Overhead Rate The total factory overhead for Bardot Marine Company is budgeted for the year at $1,172,500. Bardot Marine manufactures two types of boats: speedboats and bass boats. The speed boat and bass boat each require five direct labor hours for manufacture. Each product is budgeted for 7,000 units of production for the year. When required, round all per unit answers to the nearest cent. a. Determine the total number of budgeted direct labor hours for the year. direct labor hours b. Determine the single plantwide factory overhead rate. per dlh c. Determine the factory overhead allocated per unit for each product using the single plantwide factory overhead rate. per unit per unit Speedboat Bass boat
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