2 Exercise 17-10 Assigning overhead costs using the plantwide rate and departmental rate methods LO P1, P2 2 points Laval produces lamps and home lighting fixtures. Its most popular product is a brushed aluminum desk lamp. This lamp is made from components shaped in the fabricating department and assembled in the assembly department Information related to the 31,000 desk lamps produced annually follows $260,000 $165.000 $363.400 Direct materials Direct labor Fabricating department (5,500 DLH * $30 per DLR) Assembly department (15,800 L - $23 per ) Machine hours Fabricating department Assembly departant 14,000 20, 250 MM References Expected overhead cost and related data for the two production departments follow, Fabricating Assembly Direct labor hours 140,000 DLX 335,000 LH Machine hours 160,000 MM 132,000 MM Overhead cost $350,000 $420,0001 Required 1. Determine the plantwide overhead rate for Laval using direct labor hours as a base 2. Determine the total manufacturing cost per unit for the aluminum 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 2 $260,000 2 points Direct materials Direct labor Tabricating department (5,500 DLH 530 per DLR) Assembly department (15,800 DLH 523 per DLH) Machine how Fabricating department Assembly department $165,000 $363.400 14,800 MM 20.250 MM Book Hint Expected overhead cost and related data for the two production departments follow. Fabricating Assembly 140,000 DL 335,000 DLH 160,000 M 132,000 MH $350,000 $420,000 Direct labor hours Machine hour Overhead coat References Required 1. Determine the plantwide overhead rate for Laval using direct labor hours as a base. 2. Determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate. 3. Compute departmental overhead rates based on macyine hours in the fabricating department and direct labor hours in the 4. Use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps Complete this question by entering your answers in the tabs below. eBook Complete this question by entering your answers in the tabs below. Hint Print References Required 1 Required 2 Required 3 Required 4 Required 2 Determine the plantwide Uved rate for Laval using direct labor hours as a base. Estimated overhead costs Estimated direct labor costs Required 2 > eBook Complete this question by entering your answers in the tabs below. Hint Print Required 2 Required 1 Required 4 Required 3 References Determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate. Direct materials Direct Labor. Fabricating Direct Labor. Assembly Overhead Total manufacturing costs Units produced eBook Complete this question by entering your answers in the tabs below. Required 2 Required 1 Requires Required 4 References Compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department. (Round your answers to 2 decimal places.) Departmental overhead rate Fabricating Assembly MH DLH (Required 2 Required 4 > 2 Required: Required 2 Required 3 Required 4 Use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps 2 points Book Direct materials Direct labor Fabricating Assembly Berences 0 Overhead Fabricating Assembly 0 $ 0 Units produced Manufacturing cost per unit 0 per unit