Bike-O-Rama produces two bike models: Voltage and EasyRider. Departmental overhead data follow Departnent Fabricating Assenbly Budgeted...
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Bike-O-Rama produces two bike models: Voltage and EasyRider. Departmental overhead data follow Departnent Fabricating Assenbly Budgeted Cost 5 119,000 100,000 Allocation Base Machine hours (H) Direct labor hoours (OLH) Budgeted Usnge 8,500 M 2,000 DLH Required: 1. Compute deparhmental overhead rates using (a) machine hours to allocate budgeted Fabricating costs and (b) direct labor houts to allocate budgeted Assembly costs. 2. The company reports the following actual production usage data. Compute the overhead cost per unit for each model Easykider Machine hours per unit oirect labor hours per unit Voltage 2.0 HH 1.5 DLH 3.0 M1 0.5 DLH 3. The company reports additional information below. For each model, compute the product cost per unit. Check m Per Unit Voltage tasytider Selling Price $265 Direct Haterials $95 Direct Labor $ 46 20 163 85 4. For each model, compute gross profit per unit (selling price per unit minus product cost per unit). Complete this question by entering your answers in the tabs below. Required 1 Regiaired 2 Required 3 Required 4 The company reports the following actual production usage data. Compute the overhead cost per unit for each model. (Round vour "Hours per unit" omoutits to 1 decimal place and other answers to 2 decimal places.) Voitage EasyRider Department Departmental Overhead Rate Hours per Unit Overhead Allocated Hours per Unit Overhead Allocated Fabricating Assembly Totals < Required 1 Required 3> Bike-O-Rama produces two bike models: Voltage and EasyRider. Departmental overhead data follow Departnent Fabricating Assenbly Budgeted Cost 5 119,000 100,000 Allocation Base Machine hours (H) Direct labor hoours (OLH) Budgeted Usnge 8,500 M 2,000 DLH Required: 1. Compute deparhmental overhead rates using (a) machine hours to allocate budgeted Fabricating costs and (b) direct labor houts to allocate budgeted Assembly costs. 2. The company reports the following actual production usage data. Compute the overhead cost per unit for each model Easykider Machine hours per unit oirect labor hours per unit Voltage 2.0 HH 1.5 DLH 3.0 M1 0.5 DLH 3. The company reports additional information below. For each model, compute the product cost per unit. Check m Per Unit Voltage tasytider Selling Price $265 Direct Haterials $95 Direct Labor $ 46 20 163 85 4. For each model, compute gross profit per unit (selling price per unit minus product cost per unit). Complete this question by entering your answers in the tabs below. Required 1 Regiaired 2 Required 3 Required 4 The company reports the following actual production usage data. Compute the overhead cost per unit for each model. (Round vour "Hours per unit" omoutits to 1 decimal place and other answers to 2 decimal places.) Voitage EasyRider Department Departmental Overhead Rate Hours per Unit Overhead Allocated Hours per Unit Overhead Allocated Fabricating Assembly Totals < Required 1 Required 3>
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Requirement A Requirement B Requirement C Requirement D 1 Departmen... View the full answer
Related Book For
Accounting Principles
ISBN: 978-0470534793
10th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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