Budgeted overhead: $$1,200,000(50\%$ fixed$)$ Practical volume $($direct labor hours$)$: $120,000$ hours Actual overhead: $$1,150,000(50\%$ fixed$)$ Actual hours worked: Grade Weaving and Pattern Coloring and Bolting Total Fabric FB$6020,00012,00032,000$ Fabric FB$7028,00014,00042,000$ Fabric FB$8026,00018,00044,000$ Total $74,00044,000118,000$ Departmental data on Fabric FB$70($actual costs and actual outcomes$)$: Weaving and Pattern Coloring and Bolting Beginning inventories Units$*20,000400$ Costs: Transferred in $$0$ $$100,000$ Materials $$80,000$ $$8,000$ Labor $$18,000$ $$6,600$ Overhead $$22,000$ $$9,000$ Current production: Units started $80,000?$ Units transferred out $80,0003,200$ Costs: Transferred in $$0?$ Materials $$320,000$ $$82,000$ Labor $$208,000$ $$99,400$ Overhead $??$ Percentage completion: Beginning inventory $30\%40\%$ Ending inventory $40\%50\%*$Units are measured in yards for the Weaving and Pattern Department and in bolts for the Coloring and Bolting Department. Note: With the exception of the cardboard bolt rods, materials are added at the beginning of each process. The cost of the rods is relatively insignificant and is included in overhead.

For each of the overhead rates computed in Requirement $7,$ calculate unit bid prices for Jobs $A500$ and $B75.$ Round your answers to two decimal places.

Unit Bidwould you make? Explain. Round your answers to two decimal places.

Departmental rates : the bid for the more produced Job A$500$ and the bid for the more difficult to produce Job B$75.$ This appears to be in the right direction.

We would recommend using the $d_{?}$

Round your answers to two decimal places. Enter all amounts as positive numbers.

Standard cost would the cost of Fabric FB$70$ for both jobs. For Job A$500,$ prime costs will by $

$$ $ $q,.$ Thus, the bid for Job A$500$ will decrease $-$ by $ $q,.$ Similarly, the bid for Job B$75$ will decrease by $.$ And for Job B$75,$ prime costs will by I

$q,$ This tells us that we can $-$ apparently avoid including waste in our bid by using standard costs and our bidding. It also tells us that we need to focus on becoming more $-$ efficient.