Hydro Sports budgets overhead cost of $793,500 for the year; of this amount, $586,500 is traceable...

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Hydro Sports budgets overhead cost of $793,500 for the year; of this amount, $586,500 is traceable to the Assembly department and $207,000 is traceable to the Finishing department. The company manufactures two types of jet skis: standard and deluxe. Budgeted direct labor hours for the standard model are 7 in Assembly and 1 in Finishing. Budgeted direct labor hours for the deluxe model are 10 in Assembly and 2 in Finishing. The company budgets production of 230 units of the standard model and 230 units of the deluxe model for the year. 1. Compute each department's total number of budgeted direct labor hours for the year. 2. Compute departmental overhead rates for each department using direct labor hours for that department. 3. Compute overhead cost per unit for each model using departmental overhead rates. Actual direct labor hours for the standard model are 7 in Assembly and 1 in Finishing. Actual direct labor hours for the deluxe model are 10 in Assembly and 2 in Finishing. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute each department's total number of budgeted direct labor hours for the year. Standard Deluxe Totals Number of Assembly Department Units DLHs per Unit Finishing Department Total Hours DLHs per Unit Total Hours Required 1 0 Required 2 > 0 Hydro Sports budgets overhead cost of $793,500 for the year; of this amount, $586,500 is traceable to the Assembly department and $207,000 is traceable to the Finishing department. The company manufactures two types of jet skis: standard and deluxe. Budgeted direct labor hours for the standard model are 7 in Assembly and 1 in Finishing. Budgeted direct labor hours for the deluxe model are 10 in Assembly and 2 in Finishing. The company budgets production of 230 units of the standard model and 230 units of the deluxe model for the year. 1. Compute each department's total number of budgeted direct labor hours for the year. 2. Compute departmental overhead rates for each department using direct labor hours for that department. 3. Compute overhead cost per unit for each model using departmental overhead rates. Actual direct labor hours for the standard model are 7 in Assembly and 1 in Finishing. Actual direct labor hours for the deluxe model are 10 in Assembly and 2 in Finishing. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute each department's total number of budgeted direct labor hours for the year. Standard Deluxe Totals Number of Assembly Department Units DLHs per Unit Finishing Department Total Hours DLHs per Unit Total Hours Required 1 0 Required 2 > 0

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Answer To compute each departments total number of budgeted direct labor hours for the year we need ... View the full answer