Tent Master produces Pup tents and Pop-up tents. The company budgets $245,000 of overhead cost and...
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Tent Master produces Pup tents and Pop-up tents. The company budgets $245,000 of overhead cost and 49,000 direct labor hours. Additional information follows. Per Unit Pup tent Pop-up tent Selling Price Direct Materials $ 80 75 $ 23 25 Direct Labor $:46 31 Required: 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 49,000 direct labor hours. 2. Pup tents use 3 direct labor hours (DLH) per unit and Pop-up tents use 2 direct labor hours per unit. Compute the overhead cost per unit for each product. 3. Compute the product cost per unit for each product. 4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). Required 1 Required 2 Required 3 Required 4 Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 49,000 direct labor hours. Numerator Denominator Required 2 > Required 1 Required 2 Required 3 Pup tents use 3 direct labor hours (DLH) per unit and Pop-up tents use 2 direct labor hours per unit. Compute the overhead cost per unit for each product. Pup tent Pop-up tent Plantwide Overhead Rate Required 4 Direct Labor Hours por Unit < Required 1 Overhead Cost per Unit per unit per unit Required 3 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 4 Compute the product cost per unit for each product. Per Unit Pup tent Pop-up tent Direct Materials $ Required 3 Direct Labor 23 $ 25 46 31 Overhead Cost per Unit < Required 2 Product Cost per Unit Required 4 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). (Enter any product costs in excess of selling prices as negative values.) Per Unit Pup tent Pop-up tent Selling Price Product Cost Gross Profit $ 80 75 < Required 3 Tent Master produces Pup tents and Pop-up tents. The company budgets $245,000 of overhead cost and 49,000 direct labor hours. Additional information follows. Per Unit Pup tent Pop-up tent Selling Price Direct Materials $ 80 75 $ 23 25 Direct Labor $:46 31 Required: 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 49,000 direct labor hours. 2. Pup tents use 3 direct labor hours (DLH) per unit and Pop-up tents use 2 direct labor hours per unit. Compute the overhead cost per unit for each product. 3. Compute the product cost per unit for each product. 4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). Required 1 Required 2 Required 3 Required 4 Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 49,000 direct labor hours. Numerator Denominator Required 2 > Required 1 Required 2 Required 3 Pup tents use 3 direct labor hours (DLH) per unit and Pop-up tents use 2 direct labor hours per unit. Compute the overhead cost per unit for each product. Pup tent Pop-up tent Plantwide Overhead Rate Required 4 Direct Labor Hours por Unit < Required 1 Overhead Cost per Unit per unit per unit Required 3 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 4 Compute the product cost per unit for each product. Per Unit Pup tent Pop-up tent Direct Materials $ Required 3 Direct Labor 23 $ 25 46 31 Overhead Cost per Unit < Required 2 Product Cost per Unit Required 4 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). (Enter any product costs in excess of selling prices as negative values.) Per Unit Pup tent Pop-up tent Selling Price Product Cost Gross Profit $ 80 75 < Required 3
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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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