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#2 HW need help with requirements 1-4 Bike-O-Rama produces two bike models: Voltage and EasyRider. Departmental overhead data follow. Department Budgeted Cost Allocation Base Budgeted

#2 HW need help with requirements 1-4

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Bike-O-Rama produces two bike models: Voltage and EasyRider. Departmental overhead data follow. Department Budgeted Cost Allocation Base Budgeted Usage Fabricating $ 135, 800 Machine hours (MB) 9 , 700 MH Assembly 144 , 000 Direct labor hours ( DLH) 3 , 200 DLH Required: 1. Compute departmental overhead rates using (a) machine hours to allocate budgeted Fabricating costs and (b) direct labor hours to allocate budgeted Assembly costs. 2. The company reports the following actual production usage data. Compute the overhead cost per unit for each model. Voltage EasyRider Machine hours per unit 2.0 MH 3. 0 MH Direct labor hours per unit 1. 6 DLH 0. 6 DLH 3. The company reports additional information below. For each model, compute the product cost per unit. Per Unit Selling Price Direct Materials Direct Labor Voltage $ 277 107 $ 43 EasyRider 175 4. For each model, compute gross profit per unit (selling price per unit minus product cost per unit). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute departmental overhead rates using (a) machine hours to allocate budgeted Fabricating costs and (b) direct labor hours to allocate budgeted Assembly costs. Fabricating departmental overhead rate

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