The total factory overhead for Cypress Marine Company is budgeted for the year at $900,000. Cypress Marine manufactures two types of boats: speedboats and bass boats. The speedboat and bass boat each require 10 direct labor hours for manufacture. Each product is budgeted for 400 units of production for the year. a. Determine the total number of budgeted direct labor hours for the year. fill in the blank 1 of 1 direct labor hours b. Determine the single plantwide factory overhead rate. Round your answer to two decimal places. fill in the blank 1 of 1$ per dlh c. Determine the factory overhead allocated per unit for each product using the single plantwide factory overhead rate. Speedboats fill in the blank 1 of 2$ per unit Bass boats fill in the blank 2 of 2$ per unit
The total factory
a. Determine the total number of budgeted direct labor hours for the year.
fill in the blank 1 of 1 direct labor hours
b. Determine the single plantwide factory overhead rate. Round your answer to two decimal places.
fill in the blank 1 of 1$ per dlh
c. Determine the factory overhead allocated per unit for each product using the single plantwide factory overhead rate.
Speedboats fill in the blank 1 of 2$ per unit
Bass boats fill in the blank 2 of 2$ per unit
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