Required information

Use the following information for the Quick Studies below. $($Static$)$

Chan Company identified the following budgeted data for this year. The company manufactures two types of scooters: standard and fast.

$\backslash$table$[[$Activity$,$Budgeted Overhead Cost,Budgeted Activity$],[$Handling materials,$$625,000,100,000$ parts$],[$Quality inspection,$90,000,1,500$ inspections$],[$Purchasing$,25,000,1,000$ orders$],[$Total$,$$$740,000,]]$

QS $17-4($Static$)$ Computing plantwide overhead rate LO P$1$

Compute a single plantwide overhead rate assuming that the company allocates overhead cost based on $10,000$ budgeted direct labor hours.

The standard model uses $5$ direct labor hours per unit, and the fast model uses $10$ direct labor hours per unit. Compute overhead cost per unit for each model.

Complete this question by entering your answers in the tabs below.

Required $1$

Compute a single plantwide overhead rate assuming that the company allocates overhead cost based on $10,000$ budgeted direct labor hours.

$\backslash$table$[[$Numerator$,,,],[$Denominator$,,,]]$

The standard model uses $5$ direct labor hours per unit, and the fast model uses $10$ direct labor hours per unit. Compute overhead cost per unit for each model.

$\backslash$table$[[,\backslash$table$[[$Plantwide$],[$Overhead Rate$]],\backslash$table$[[$Direct Labor$],[$Hours per Unit$]],\backslash$table$[[$Overhead Cost$],[$per Unit$]]],[$Standard$,,,],[$Fast$,,,]]$

Compute an overhead activity rate for each activity assuming the company uses activity$-$based costing. $($Round your answers to $2$ decimal places.$)$

$\backslash$table$[[$Activity$,$Budgeted Cost,Budgeted Activity Usage,ctivity Rate$],[$Handling materials,$625,000,,$per order$],[$Quality inspection,$90,000,,$per order$],[$Purchasing$,25,000,,$per order$],[=,740,000,,]]$