Question: Need help with this problem got an hour left Multiple Production Department Factory Overhead Rates The total factory overhead for Bardot Marine Company is budgeted
Multiple Production Department Factory Overhead Rates The total factory overhead for Bardot Marine Company is budgeted for the year at $406,250, divided into two departments: Fabrication, $187,500, and Assembly, $218,750. Bardot Marine manufactures two types of boats: speedboats and bass boats. The speedboats require one direc labor hour in Fabrication and three direct labor hours in Assembly. The bass boats require one direct labor hour in Fabrication and two direct labor hours in Assembly. Each product is budgeted for 5,000 units of production for the year. If required, round all per unit answers to the nearest cent. a. Determine the total number of budgeted direct labor hours for the year in each department. FabricationAssemblydirectlaborhoursdirectlaborhours b. Determine the departmental factory overhead rates for both departments. FabricationAssemblyperdlh$perdih c. Determine the factory overhead allocated per unit for each product using the department factory overhead allocation rates. Speedboat: $ per unit Bass boat: per unit
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