The total factory overhead for Bardot Marine Company is budgeted for the year at $1,518,000. Bardot Marine manufactures two types of boats: speedboats and bass boats. The speedboat and bass boat each require three direct labor hours for manufacture. Each product is budgeted for 11,500 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. Speedboat per unit Bass boat per unit

The total factory overhead for Bardot Marine Company is budgeted for the year at $1,518,000. Bardot Marine manufactures two types of boats: speedboats and bass boats. The speedboat and bass boat each require three direct labor hours for manufacture. Each product is budgeted for 11,500 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. Speedboat per unit Bass boat per unit

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Description: Single Plantwide Factory Overhead RateThe total factory overhead for Bardot Marine Company is budgeted for the year at $1,518,000. Bardot Marine manufactures two types ofboats: speedboats and bass boats. The speedboat and bass boat each require thre

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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The total factory overhead for Big Light Company is budgeted for the year at $1,022,250. Big Light manufactures two different products: night lights and desk lamps. Night lights are budgeted for 12,300 units. Each night light requires 3 hours of direct labor. Desk lamps are budgeted for 16,800 units. Each desk lamp requires 2 hours of direct labor.
he budgeted conversion costs for a just-in-time cell are $224,200 for 3,800 production hours. Each unit produced by the cell requires 45 minu process time. During the month, 2,300 units are manufactured in the cell. The estimated materials cost is $50 per unit. What is the journal ent units are completed and placed into finished goods? ◻ a. Raw and In Process Inventory Finished Goods Inventory 207,350 b. Finished Goods Inventory Raw and In Process Inventory 239,800 c. Raw and In Process Inventory Finished Goods Inventory 239,800 239,800 d. Finished Goods Inventory 207,350 Raw and In Process Inventory 207,350
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