Required information Use the following information for the Problems below. (Algo) [The following information applies to the questions displayed below] Tent Master produces Pup tents and Pop-up tents. The company budgets $366,000 of overhead cost and 61,000 direct labor hours. Additional information follows. Per Unit Pup tent Selling Price $ 90 Direct Materials $ 25 Direct Labor $ 48 Pop-up tent 85 30 34 Problem 17-2A (Algo) Using plantwide overhead rate to allocate overhead cost, and compute overhead cost per unit and gross profit per unit LO P1 Required: 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 61,000 direct labor hours. 2. Pup tents use 4 direct labor hours (DLH) per unit and Pop-up tents use 2 direct labor hours per unit. Compute the overhead cost per unit for each product. 3. Compute the product cost per unit for each product 4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 61,000 direct labor hours. Numerator Denominator Required 2 > Required information Use the following information for the Problems below. (Algo) [The following information applies to the questions displayed below] Tent Master produces Pup tents and Pop-up tents. The company budgets $366,000 of overhead cost and 61,000 direct labor hours. Additional information follows Per Unit Pup tent Selling Price $ 90 Direct Materials $ 25 Direct Labor $48 Pop-up tent 85 30 34 Problem 17-2A (Algo) Using plantwide overhead rate to allocate overhead cost, and compute overhead cost per unit and gross profit per unit LO P1 Required: 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 61,000 direct labor hours. 2. Pup tents use 4 direct labor hours (DLH) per unit and Pop-up tents use 2 direct labor hours per unit. Compute the overhead cost per unit for each product. 3. Compute the product cost per unit for each product. 4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Pup tents use 4 direct labor hours (DLH) per unit and Pop-up tents use 2 direct labor hours per unit. Compute the overhead cost per unit for each product. Plantwide Overhead Rate Direct Labor Hours per Unit Overhead Cost per Unit Pup tent Pop-up tent per unit per unit < Required 1 Required 3 > Required information Use the following information for the Problems below. (Algo) [The following information applies to the questions displayed below] Tent Master produces Pup tents and Pop-up tents. The company budgets $366,000 of overhead cost and 61,000 direct labor hours. Additional information follows. Per Unit Pup tent Pop-up tent Selling Price: Direct Materials $ 90 85 Direct Labor $25 $48 30 34 Problem 17-2A (Algo) Using plantwide overhead rate to allocate overhead cost, and compute overhead cost per unit and gross profit per unit LO P1 Required: 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 61,000 direct labor hours. 2. Pup tents use 4 direct labor hours (DLH) per unit and Pop-up tents use 2 direct labor hours per unit. Compute the overhead cost per unit for each product 3. Compute the product cost per unit for each product. 4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 41 Compute the product cost per unit for each product. Per Unit Direct Materials Direct Labor Overhead Cost Product Cost o per Unit per Unit Pup tent Pop-up tent $ 25 $ 48 30 34 Required information Use the following information for the Problems below. (Algo) [The following information applies to the questions displayed below] Tent Master produces Pup tents and Pop-up tents. The company budgets $366,000 of overhead cost and 61,000 direct labor hours. Additional information follows. Per Unit Pup tent Pop-up tent Selling Price Direct Materials $90 $ 25 85 Direct Labor $48 30 Problem 17-2A (Algo) Using plantwide overhead rate to allocate overhead cost, and compute overhead cost per unit and gross profit per unit LO P1 Required: 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 61,000 direct labor hours. 2. Pup tents use 4 direct labor hours (DLH) per unit and Pop-up tents use 2 direct labor hours per unit. Compute the overhead cost per unit for each product 3. Compute the product cost per unit for each product. 4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). (Enter any product costs in excess of selling prices as negative values.) Per Unit Selling Price Product Cost Gross Profit Pup tent $ 90 Pop-up tent 85