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Direct labor overhead rate: 5 X per direct labor hour 2. Determine the total and per-unit factory overhead costs allocated to each product, using the plantwide overhead rate in (1). Round per unit amounts to the nearest whole cent. 3. Determine the factory overhead rates under the multiple production department rate method. Assume that indirect labor is associated with the production departments, so that the total factory overhead is $420,000 and $294,000 for the Subassembly and Final Assembly departments, respectively. 4. Determine the total and per-unit foctory overhead costs allocated to each product, using the multiple production department overhesd rates in (3), Round per unit amounts to the nearest whole cent. 5. Determine the activity rates, assuming that the indirect labor is associated with activities rather than with the production departments. Round per unit amounts to the nearest whole cent. 2 more Check My Work vies remaining 7. Comment on the differences in the per-unit overhead allocated to each product using the single plantwide factory overhead rate method, the multiple production department factory overhead rate method, and activity-based costing. The plantwide overhead method allocates 5 of overhead to each product, while the multiple production department method allocates 5 to receivers and 1 to loudspeakers. Both the plantwide and multiple production department overhead methods overhead because they account for how each product consumes overhead. In contrast, activity based costing allocates 5 distort the allocation of overheed to recelvers and 5 to loudspeakers. Activity-based costing for how each product consumes overhead. Loudspeakers have accurately allocates foctory overhead because. quality control inspections than do receivers. As a result, loudspeakers have setups than do recelvers. In addition, foudspeakers require. activity costs than receivers. Feedoack r Check My Won 1. Calculate plantwide factory overhead rate: Factory Overhead \& Total Activity Base = Piantwide foctory overhead rate 2. Calculate for each product: Activity-Base Usage x Overhead flate from fieq. (1)= Activity Cost for each Activity 2 more Check My Work uses remaining Allocate overhead using a single phiste nule, muitiple department rates, and activity-based costing Big Sound Inc, manufactures two I w feceivers and loudspeakers. The foctory overhead incurred is as follows: The activity base associated with the two production departments is direct labor hours. The indirect labor can be assigned to fwo different activities as follows: The activity-base usage quantities and uncts produced for the fwo products follow: Direct labor overhead rate: 5 X per direct labor hour 2. Determine the total and per-unit factory overhead costs allocated to each product, using the plantwide overhead rate in (1). Round per unit amounts to the nearest whole cent. 3. Determine the factory overhead rates under the multiple production department rate method. Assume that indirect labor is associated with the production departments, so that the total factory overhead is $420,000 and $294,000 for the Subassembly and Final Assembly departments, respectively. 4. Determine the total and per-unit foctory overhead costs allocated to each product, using the multiple production department overhesd rates in (3), Round per unit amounts to the nearest whole cent. 5. Determine the activity rates, assuming that the indirect labor is associated with activities rather than with the production departments. Round per unit amounts to the nearest whole cent. 2 more Check My Work vies remaining 7. Comment on the differences in the per-unit overhead allocated to each product using the single plantwide factory overhead rate method, the multiple production department factory overhead rate method, and activity-based costing. The plantwide overhead method allocates 5 of overhead to each product, while the multiple production department method allocates 5 to receivers and 1 to loudspeakers. Both the plantwide and multiple production department overhead methods overhead because they account for how each product consumes overhead. In contrast, activity based costing allocates 5 distort the allocation of overheed to recelvers and 5 to loudspeakers. Activity-based costing for how each product consumes overhead. Loudspeakers have accurately allocates foctory overhead because. quality control inspections than do receivers. As a result, loudspeakers have setups than do recelvers. In addition, foudspeakers require. activity costs than receivers. Feedoack r Check My Won 1. Calculate plantwide factory overhead rate: Factory Overhead \& Total Activity Base = Piantwide foctory overhead rate 2. Calculate for each product: Activity-Base Usage x Overhead flate from fieq. (1)= Activity Cost for each Activity 2 more Check My Work uses remaining Allocate overhead using a single phiste nule, muitiple department rates, and activity-based costing Big Sound Inc, manufactures two I w feceivers and loudspeakers. The foctory overhead incurred is as follows: The activity base associated with the two production departments is direct labor hours. The indirect labor can be assigned to fwo different activities as follows: The activity-base usage quantities and uncts produced for the fwo products follow