MH) and direct labor hours (DLH). Overhead cost Direct labor hours Machine hours Fabricating $ 560,000 52,000 DLH 70,000 MH Assembly $ 60,000 10,000 DLH 63,500 MH Laval reports the following for one of its products, a desk lamp. Desk lamp Number of Units 3,000 Required: Fabricating Department Assembly Department Direct Labor Hours Machine Hours per Direct Labor Hours Machine Hours per Unit Unit per Unit. per Unit 1 DLH per unit 0.5 MH per unit 5 DLH per unit 2 MH per unit 1. Determine the plantwide overhead rate using 62,000 direct labor hours as the allocation base. 2. Determine the overhead cost per unit for the desk lamp using the plantwide overhead rate. 3. Compute departmental overhead rates based on machine hours in the Fabricating department and direct labor hours in the Assembly department. 4. Determine the overhead cost per unit for the desk lamp using the departmental overhead rates. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the overhead cost per unit for the desk lamp using the plantwide overhead rate. Desk lamp Plantwide Overhead Rate Hours Used Overhead Cost per Unit 1. Determine the plantwide overhead rate using 62,000 direct labor hours as the allocation base. 2. Determine the overhead cost per unit for the desk lamp using the plantwide overhead rate. 3. Compute departmental overhead rates based on machine hours in the Fabricating department and direct labor hours in the Assembly department. 4. Determine the overhead cost per unit for the desk lamp using the departmental overhead rates. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute departmental overhead rates based on machine hours in the Fabricating department and direct labor hours in the Assembly department. What is the departmental overhead rate for the Fabricating Department? What is the departmental overhead rate for the Assembly Department? < Required 2 Required 4 >

MH) and direct labor hours (DLH). Overhead cost Direct labor hours Machine hours Fabricating $ 560,000 52,000 DLH 70,000 MH Assembly $ 60,000 10,000 DLH 63,500 MH Laval reports the following for one of its products, a desk lamp. Desk lamp Number of Units 3,000 Required: Fabricating Department Assembly Department Direct Labor Hours Machine Hours per Direct Labor Hours Machine Hours per Unit Unit per Unit. per Unit 1 DLH per unit 0.5 MH per unit 5 DLH per unit 2 MH per unit 1. Determine the plantwide overhead rate using 62,000 direct labor hours as the allocation base. 2. Determine the overhead cost per unit for the desk lamp using the plantwide overhead rate. 3. Compute departmental overhead rates based on machine hours in the Fabricating department and direct labor hours in the Assembly department. 4. Determine the overhead cost per unit for the desk lamp using the departmental overhead rates. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the overhead cost per unit for the desk lamp using the plantwide overhead rate. Desk lamp Plantwide Overhead Rate Hours Used Overhead Cost per Unit 1. Determine the plantwide overhead rate using 62,000 direct labor hours as the allocation base. 2. Determine the overhead cost per unit for the desk lamp using the plantwide overhead rate. 3. Compute departmental overhead rates based on machine hours in the Fabricating department and direct labor hours in the Assembly department. 4. Determine the overhead cost per unit for the desk lamp using the departmental overhead rates. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute departmental overhead rates based on machine hours in the Fabricating department and direct labor hours in the Assembly department. What is the departmental overhead rate for the Fabricating Department? What is the departmental overhead rate for the Assembly Department? < Required 2 Required 4 >

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 2PB: The following product costs are available for Kellee Company on the production of eyeglass frames:...

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