Shakti Company budgets overhead cost of $67,000 for the year. The company reports the following for...
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Shakti Company budgets overhead cost of $67,000 for the year. The company reports the following for its standard and deluxe models. Cost per Unit Direct materials Standard $ 24 Deluxe 2425 Direct labor 20 29 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 6,700 direct labor hours 2. The standard model uses2 direct labor hours per unit and the deluxe model uses 3 direct labor hours per unit. Compute overheac cost per unit for each model. 3. Compute the total product cost per unit for both models. Compute a single plantwide overhead rate assuming the cormpany allocates overhead cost based on 6,700 direct labor hours. Select Numerator Select Denominator The standard model uses 2 direct labor hours per unit and the deluxe model uses 3 direct labor hours per unit. Compute overhead cost per unit for each model. Model Plantwide Overhead Rate Hours per Unit. Overhead Allocated Standard per unit Deluxe per unit Compute the total product cost per unit for both models. Cost per Unit Direct Materials Direct Labor Overhead Product Cost per Unit Standard 24 14 24 20 Deluxe 24 25 24 29 Shakti Company budgets overhead cost of $67,000 for the year. The company reports the following for its standard and deluxe models. Cost per Unit Direct materials Standard $ 24 Deluxe 2425 Direct labor 20 29 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 6,700 direct labor hours 2. The standard model uses2 direct labor hours per unit and the deluxe model uses 3 direct labor hours per unit. Compute overheac cost per unit for each model. 3. Compute the total product cost per unit for both models. Compute a single plantwide overhead rate assuming the cormpany allocates overhead cost based on 6,700 direct labor hours. Select Numerator Select Denominator The standard model uses 2 direct labor hours per unit and the deluxe model uses 3 direct labor hours per unit. Compute overhead cost per unit for each model. Model Plantwide Overhead Rate Hours per Unit. Overhead Allocated Standard per unit Deluxe per unit Compute the total product cost per unit for both models. Cost per Unit Direct Materials Direct Labor Overhead Product Cost per Unit Standard 24 14 24 20 Deluxe 24 25 24 29 Shakti Company budgets overhead cost of $67,000 for the year. The company reports the following for its standard and deluxe models. Cost per Unit Direct materials Standard $ 24 Deluxe 2425 Direct labor 20 29 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 6,700 direct labor hours 2. The standard model uses2 direct labor hours per unit and the deluxe model uses 3 direct labor hours per unit. Compute overheac cost per unit for each model. 3. Compute the total product cost per unit for both models. Compute a single plantwide overhead rate assuming the cormpany allocates overhead cost based on 6,700 direct labor hours. Select Numerator Select Denominator The standard model uses 2 direct labor hours per unit and the deluxe model uses 3 direct labor hours per unit. Compute overhead cost per unit for each model. Model Plantwide Overhead Rate Hours per Unit. Overhead Allocated Standard per unit Deluxe per unit Compute the total product cost per unit for both models. Cost per Unit Direct Materials Direct Labor Overhead Product Cost per Unit Standard 24 14 24 20 Deluxe 24 25 24 29 Shakti Company budgets overhead cost of $67,000 for the year. The company reports the following for its standard and deluxe models. Cost per Unit Direct materials Standard $ 24 Deluxe 2425 Direct labor 20 29 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 6,700 direct labor hours 2. The standard model uses2 direct labor hours per unit and the deluxe model uses 3 direct labor hours per unit. Compute overheac cost per unit for each model. 3. Compute the total product cost per unit for both models. Compute a single plantwide overhead rate assuming the cormpany allocates overhead cost based on 6,700 direct labor hours. Select Numerator Select Denominator The standard model uses 2 direct labor hours per unit and the deluxe model uses 3 direct labor hours per unit. Compute overhead cost per unit for each model. Model Plantwide Overhead Rate Hours per Unit. Overhead Allocated Standard per unit Deluxe per unit Compute the total product cost per unit for both models. Cost per Unit Direct Materials Direct Labor Overhead Product Cost per Unit Standard 24 14 24 20 Deluxe 24 25 24 29
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Solution Single plantwide overhead rate Budgeted overhead cost direct labor hours 900007500 12 ... View the full answer
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0133392883
6th Canadian edition
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
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