Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 30 Nov 2017 My Price 8.00

Eaton Metal Fabricators Inc

1. Single Plantwide Factory Overhead Rate

Eaton Metal Fabricators Inc.'s Fabrication Department incurred $105,400 of factory overhead cost in producing gears and sprockets. The two products consumed a total of 3,400 direct machine hours. Of that amount, sprockets consumed 1,700 direct machine hours.

Determine the total amount of factory overhead that should be allocated to sprockets using machine hours as the allocation base. If required, round your answer to the nearest dollar.
$ _________________

2. Single Plantwide Factory Overhead Rate

Sousa Band Instruments Inc. makes three musical instruments: trumpets, tubas, and trombones. The budgeted factory overhead cost is $80,400. Factory overhead is allocated to the three products on the basis of direct labor hours. The products have the following budgeted production volume and direct labor hours per unit:

  Budgeted Production Volume Direct Labor Hours Per Unit
Trumpets 3,100 units 0.5    
Tubas 500   1.4    
Trombones 1,000   1.1    

If required, round all per unit answers to the nearest cent.

a. Determine the single plantwide factory overhead rate.
$ _________________ per direct labor hour

b. Use the factory overhead rate in (a) to determine the amount of total and per-unit factory overhead allocated to each of the three products.

  Total
Factory Overhead		 Per Unit
Factory Overhead
Trumpets $ _________________ $ _________________
Tubas _________________ _________________
Trombones _________________ _________________
Total $ _________________  

 

Answers

Maurice Tutor
(5)
Status NEW Posted 30 Nov 2017 09:11 PM My Price 8.00

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