Laval produces lighting fixtures. Budgeted Information for Its two production departments follows. The departments use machine...
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Laval produces lighting fixtures. Budgeted Information for Its two production departments follows. The departments use machine hours (MH) and direct labor hours (DLH). Overhead cost Direct labor hours Machine hours Fabricating $ 1,360,000 143, 200 DLH 85,000 MH Assembly $ 252,000 18,000 DLH 67,500 MH Laval reports the following for one of Its products, a desk lamp. Fabricating Department Assenbly Departnent Nunber of Direct Labor Hours per Machine Hours per Direct Labor Hours per Machine Hours per Units 6,000 Unit Unit Unit Unit 0.6 M per unit Desk Tamp 3 OLH per unit 2 MH per unit 1 DLH per unit Required: 1. Determine the plantwide overhead rate using 161,200 direct labor hours as the allocation base. 2. Determine the overhead cost per unit for the 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. Dětermine the overhead cost per unit for the desk lamp using the departmental overhead rates. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the plantwide overhead rate using 161,200 direct labor hours as the allocation base. Laval produces lighting fixtures. Budgeted Information for Its two production departments follows. The departments use machine hours (MH) and direct labor hours (DLH). Overhead cost Direct labor hours Machine hours Fabricating $ 1,360,000 143, 200 DLH 85,000 MH Assembly $ 252,000 18,000 DLH 67,500 MH Laval reports the following for one of Its products, a desk lamp. Fabricating Department Assenbly Departnent Nunber of Direct Labor Hours per Machine Hours per Direct Labor Hours per Machine Hours per Units 6,000 Unit Unit Unit Unit 0.6 M per unit Desk Tamp 3 OLH per unit 2 MH per unit 1 DLH per unit Required: 1. Determine the plantwide overhead rate using 161,200 direct labor hours as the allocation base. 2. Determine the overhead cost per unit for the 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. Dětermine the overhead cost per unit for the desk lamp using the departmental overhead rates. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the plantwide overhead rate using 161,200 direct labor hours as the allocation base.
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Requirement 1 Total Overheads 1360000252000 1612000 Total Labor Hours 1... 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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