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1.Orange County Chrome Company manufactures three chrome-plated productsautomobile bumpers, valve covers, and wheels. These products are manufactured in two production departments (Stamping and Plating). The

1.Orange County Chrome Company manufactures three chrome-plated productsautomobile bumpers, valve covers, and wheels. These products are manufactured in two production departments (Stamping and Plating). The factory overhead for Orange County Chrome is $212,100.

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

798

Valve covers

301

557

Wheels

339

599

1,200

1,954

Plating Department

Automobile bumpers

170

1,168

Valve covers

185

708

Wheels

173

762

528

2,638

Total

1,728

4,592

Required:

1.

Determine the single plantwide factory overhead rate, using each of the following allocation bases: (a) direct labor hours and (b) machine hours. Round your answers to two decimal places.

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. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Round your answers to the nearest dollar amount.

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1. Determine the single plantwide factory overhead rate, using each of the following allocation bases: (a) direct labor hours and (b) machine hours. Round your answers to two decimal places. Direct labor overhead rate: $ Machine hour overhead rate: $ per direct labor hour per machine hour Product Factory Overhead Costs 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. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Round your answers to the nearest dollar amount. Automobile Valve Covers Wheels Bumpers

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