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1) A company estimates that overhead costs for the next year will be $8,320,000 for indirect labor and SISS,500 for factory utilities. The company uses
1) A company estimates that overhead costs for the next year will be $8,320,000 for indirect labor and SISS,500 for factory utilities. The company uses machine hours as its overhead allocation base. If 400,000 machine hours are planned for this next year, what is the company's plantwide overbead rate? (Round your answer to two decimal places.) A) S0.05 per machine hour. B) $21.19 per machine hour, C) $20.80 per machinc hour. D) S0.39 per machine hour. E) $2.57 per machine hour. 2) The following data relates to Patterson Company's estimated amounts for next year. Estimated Department 1 $ S Manufacturing overhead costs Direct Labor hours Machinc hours 50,000 180,000 DLH 200,000 MH Department 2 60,000 200,000 DLH 400,000 MH What is the company's plantwide overhead rate if direct labor hours are the allocation basc? (Round your answer to two decimal places.) A) $3.45 per DLH B) $5.45 per DLH C) $0.29 per DLH D) SO.26 per DLH E) S0.20 per DLH 3) Red Raider Company uses a plantwide overhead rate with direct labor hours as the allocation base. Next year, 400,000 units are expected to be produced requiring 0.9 direct-labor hours each. How much overhead will be assigned to each unit produced given the following estimated amounts? Estimated: Department 1 $ S 2,530 000 168,000 DLH 30,000 MH Department 2 2.752,000 110,000 DLH 8.000 MH Manufacturing overhead costs Direct labor hours Machine hours A) S19.00 per unit B) $17.10 per unit C) $139,00 per unit D) $125.10 per unit :) Nune of the choices 4) Gold Company uses a plantwide overhead rate with machine bours as the allocation base. Use the following information to solve for the amount of machine bours estimated per unit of product RST. Direct material cost per unit of RST Total estimated manufacturing overhead Total cost per unit of RST Total estimated machine hours Direct lahor cxxl per unit of RST $ S S 15 300.000 80 1.500XX) MH 23 S ^) 21 MH per valt CAST. BJ2 MH per unit od KST. 3) 20 Mi per un RST D) 37.5 MIT per unit of RST FORMII per unit al RST
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