Laval produces lamps and home lighting fixtures. Its most popular product is a brushed aluminum desk...
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Laval produces lamps and home lighting fixtures. Its most popular product is a brushed aluminum desk lamp. This lamp is made from components shaped in the fabricating department and assembled in the assembly department. Information related to the 20,000 desk lamps produced annually follows. Direct materials Direct labor Fabricating department (7,000 DLH × $31 per DLH) Assembly department (15,400 DLH * $24 per DLH) Machine hours Fabricating department Assembly department 14,800 MH 21,200 MH Expected overhead cost and related data for the two production departments follow. Direct labor hours Fabricating 170,000 DLH 163,000 MH Assembly 370,000 DLH 134,000 MH Machine hours Overhead cost $310,000 $430,000 Required 1. Determine the plantwide overhead rate for Laval using direct labor hours as a base. 2. Determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate. 3. Compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department. 4. Use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps.. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the plantwide overhead rate for Laval using direct labor hours as a base. 1.37 per direct labor hour Estimated overhead costs Estimated direct labor hours S 740,000 S 540,000 $275,000 $217,000 $369,600 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate. Direct Labor - Assembly S 369,600 Direct Labor - Fabricating 217,000 Direct materials 275,000 Overhead Total manufacturing costs 861,600 Units produced Manufacturing cost per unit < Required 1 Required 3 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department. (Round your answers to 2 decimal places.) Departmental overhead rate Fabricating MH Assembly DLH < Required 2 Required 4 > Required 1 Required 2 Required 3 Required 4 Use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps. Direct materials Direct labor 0 0 o per unit Fabricating Assembly Overhead Fabricating Assembly Units produced Manufacturing cost per unit $ < Required 3 Required 4 > Laval produces lamps and home lighting fixtures. Its most popular product is a brushed aluminum desk lamp. This lamp is made from components shaped in the fabricating department and assembled in the assembly department. Information related to the 20,000 desk lamps produced annually follows. Direct materials Direct labor Fabricating department (7,000 DLH × $31 per DLH) Assembly department (15,400 DLH * $24 per DLH) Machine hours Fabricating department Assembly department 14,800 MH 21,200 MH Expected overhead cost and related data for the two production departments follow. Direct labor hours Fabricating 170,000 DLH 163,000 MH Assembly 370,000 DLH 134,000 MH Machine hours Overhead cost $310,000 $430,000 Required 1. Determine the plantwide overhead rate for Laval using direct labor hours as a base. 2. Determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate. 3. Compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department. 4. Use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps.. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the plantwide overhead rate for Laval using direct labor hours as a base. 1.37 per direct labor hour Estimated overhead costs Estimated direct labor hours S 740,000 S 540,000 $275,000 $217,000 $369,600 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate. Direct Labor - Assembly S 369,600 Direct Labor - Fabricating 217,000 Direct materials 275,000 Overhead Total manufacturing costs 861,600 Units produced Manufacturing cost per unit < Required 1 Required 3 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department. (Round your answers to 2 decimal places.) Departmental overhead rate Fabricating MH Assembly DLH < Required 2 Required 4 > Required 1 Required 2 Required 3 Required 4 Use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps. Direct materials Direct labor 0 0 o per unit Fabricating Assembly Overhead Fabricating Assembly Units produced Manufacturing cost per unit $ < Required 3 Required 4 >
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1Total direct labor for both departments 170000370000 540000 Total Overhead cost 31000... View the full answer
Related Book For
Financial and Managerial Accounting Information for Decisions
ISBN: 978-0078025761
6th edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
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