Single plantwide factory overhead rate OBJ. 2 Orange County Chrome Company manufactures three chrome-plated products—automobile bumpers, valve covers, and wheels. These products are manufactured in two production departments (Stamping and Plating). The factory overhead for Orange County Chrome is $220,800.

The three products consume both machine hours and direct labor hours in the two production departments as follows:

Direct Labor Hours Machine Hours Stamping Department Automobile bumpers 560 800 Valve covers 300 560 Wheels 340 600 _____ _____ 1,200 1,960 _____ _____ Plating Department Automobile bumpers 170 1,170 Valve covers 180 710 Wheels 175 760 _____ _____ 525 2,640 _____ _____ Total 1,725 4,600 _____ _____ _____ _____ Instructions 1. Determine the single plantwide factory overhead rate, using each of the following allocation bases:

(a) direct labor hours and

(b) machine hours.

2. Determine the product factory overhead costs, using

(a) the direct labor hour plantwide factory overhead rate and

(b) the machine hour plantwide factory overhead rate.