$3$ike$-$O$-$Rama produces two bike models: Voltage and EasyRider. Jepartmental overhead data follow.

$\backslash$table$[[$Department$,$Budgeted Cost,Allocation Base,Budgeted$],[$Fabricating$,$$$114,400,$Machine hours $($MH$),8,800],[$Assembly$,126,500,$Direct labor hours $($DLH$),2,300]]$

Pequired:

Compute departmental overhead rates using

$($a$)$ machine hours to allocate budgeted Fabricating costs and

$($b$)$ direct labor hours to allocate budgeted Assembly costs.

The company reports the following actual production usage data. Compute the overhead cost per unit for each model.

$\backslash$table$[[,$Voltage,EasyRider$],[$Machine hours per unit,$2\mathrm{.}0MH,3\mathrm{.}0$MHCraftmore Machining reports the following budgeted overhead cost and related data for this year.

$\backslash$table$[[$Activity$,$Budgeted Cost,Activity Cost Driver,Budgeted Act:$],[$Assembly$,$$$468,000,$Direct labor hours $($DLH$),13],[$Product design,$72,000,$Engineering hours $($EH$),1],[$Electricity$,24,000,$Machine hours $($MH$),],[$Setup$,60,000,$Setups,$10],[$Total$,$$$624,000,,]]$

Required:

Compute a single plantwide overhead rate assuming the company allocates overhead cost based on $13,000$ direct labor hours.

Job $31$ used $280$ direct labor hours and Job $42$ used $560$ direct labor hours. Allocate overhead cost to each job using the single plantwide overhead rate from part $1.$

Compute an activity rate for each activity using activitybased costing.

Allocate overhead costs to Job $31$ and Job $42$ using activity$-$based costing.

$\backslash$table$[[,$Activity Usage$],[$Activity Cost Driver,Job $31,$Job $42],[$Direct labor hours $($DLH$),280,560],[$Engineering hours $($EH$),34,40],[$Machine hours $($MH$),55,60],[$Setups$,6,8]]$

Complete this question by entering your answer

Allocate overhead costs to Job $31$ and Job $42$ using act Note: Round "Activity Rate" to $2$ decimal places.

$\backslash$table$[[$Allocate overhead to Job $31],[$Activity$,$Activity Usage,Activity Rate$],[$Assembly$,$Direct labor hours,per direct labor $r$

Craftmore Machining reports the following budgeted overhead cost and related data for this year.

$\backslash$table$[[$Activity$,$Budgeted Cost,,Activity Cost Driver,Budgeted Activity Usage$],[$Assembly$,$$$468,000,$Direct labor hours $($DLH$),13,000,],[$Product design,$72,000,$Engineering hours $($EH$),1,440,],[$Electricity$,24,000,$Machine hours $($MH$),10,000,],[$Setup$,60,000,$Setups,$400,],[$Total$,$$$624,000,,,]]$

Required:

Compute a single plantwide overhead rate assuming the company allocates overhead cost based on $13,000$ direct labor hours.

Job $31$ used $280$ direct labor hours and Job $42$ used $560$ direct labor hours. Allocate overhead cost to each job using the single plantwide overhead rate from part $1.$

Compute an activity rate for each activity using activity$-$based costing.

Allocate overhead costs to Job $31$ and Job $42$ using activity$-$based costing.