Question: Problem 1 7 - 1 A ( Algo ) Comparing plantwide rate method and activity - based costing LO P 1 , P 3 Cratmore

Problem 17-1A (Algo) Comparing plantwide rate method and activity-based costing LO P1, P3
Cratmore Machining reports the following budgeted overhead cost and nelabed data for this year.
\table[[Whitty, iglit twit,TCTTIT TWI TY,Tigutatettulty throve],[Aastatyly,1355.740,Hareat labor hears (buy),33,400],[Preduct essign,su.sep,feginerify helpy two,7,510],[tiestricity,28.148,Tachine havers (#4),11,400],[testue,3,744,Letur,530],[Potal,1741, Nees,,]]
\table[[Artimity mele],[Activity Cost Briver,Job 31,Jab 42],[Olrect labar hours (DLM),370,che],[Englineuring hewry res),43,49],[Ruchine hours (MM),56,58],[Setups,4,8]]Tetal
5.741,690
\table[[Activity Cost Driver,Activity Usapt],[Job 31,Job 42],[Engineering hours (EM),320,680],[Machine hours (NM),43,49],[Setups,58,58]]
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Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 13,000 direct labor 1
\table[[Numurator,Total budgeted overtead cost,,],[Denominator,Tlotal budgeled direct labor hours,,]]
\table[[5,741,000,5,57,per direct labor hour],[,12.0000,]]Required 1
Required 2
Required 3
Required 4
Job 31 used 320 direct labor hours and Job 42 used 680 direct labor hours. Allocate overhead cost to each job plantwide overhead rate from part 1.
\table[[206,Puntwifle Overheasl Rate,Direct Labor Hours per Unit,Overhead Allocated],[Job 31,5,57,Jer direct lator how,,320,,5],[,,57,per direct labor how,,6800,direct labor hours,38,760]]
\table[[Activity,Budgeted Cost,Budgeted Activity Usage,Activity Rate],[Ausenbly,5,1,000,Direat liber hours,0,$,0],[Product design,,92,0,,3,0],[Electivity,134,000,174,0,,5,0],[Selup,130,000,14,0,,9,285.71,per setup]]\table[[Allocate overhend to Job 31],[Activity,Activity Usage,Activity Rate,,Alocated Cost],[Assembly,3200,Direct labor hours,,3,1000,per direct labor hour,,5],[Product design,490,Engineering hours,,5,1000,per anglineering hour,,49],[Electricily,43,Machine hours,,5,1000,per machine hour,,43],[Selup,6,Setups,,3,1.00,per setup,,6],[Total,,,5418],[Allocate overtheaf to Job A?],[Activity,Activity Usape,Activity Rate,Allocated Cost],[Auseriby,4800,Dised liber hous,,3,1000,per direct labor how,,5],[Proovat design,500,Engineelry hours,,1,100(,per engineering novi,,500],[Tredivily,500,Machine hous,,3,1.000,per machine hour,,560],[Selve,8,Selups,,3,1.000,par sethe,,
Problem 1 7 - 1 A ( Algo ) Comparing plantwide

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