The Fast & Furious Company produces two products: toy planes and toy race cars. They use departmental overhead rates for the two production departments: molding and finishing. Molding uses machine hours to assign overhead and Finishing uses direct labor hours. 50,000 planes and 250,000 race cars are produced. Please find the following data:

	Molding	Finishing	Total
Estimated Overhead	$250,000	$100,000	$350,000
Actual Overhead	$240,000	$120,000	$360,000
Expected Direct Labor Hours
Planes	5,000	5,000	10,000
Race cars	5,000	35,000	40,000
Expected Machine Hours
Planes	17,000	3,000	20,000
Race cars	3,000	7,000	10,000
Actual Direct Labor Hours
Planes	4,500	5,300	10,000
Race cars	5,500	34,500	40,000
Actual Machine Hours
Planes	16,500	3,500	20,000
Race cars	3,200	6,800	10,000

What is the overhead per unit for race cars?

Answer rating: 100% (QA)

Molding Finishing Actual overhead 240000 Actual overhead 120000 Actual Machine Hours Actual Dir... View the full answer