7.

1. Question Content Area

   Equivalent Units of Materials Cost

   The Rolling Department of Kraus Steel Company had 2,100 tons in beginning work in process inventory (40% complete) on October 1. During October, 35,500 tons were completed. The ending work in process inventory on October 31 was 1,800 tons (80% complete).

   What are the total equivalent units for direct materials for October if materials are added at the beginning of the process? fill in the blank 1 units

8.

1. Question Content Area

   Multiple Production Department Factory Overhead Rates

   The total factory overhead for Bardot Marine Company is budgeted for the year at $543,375, divided into two departments: Fabrication, $406,875, and Assembly, $136,500. Bardot Marine manufactures two types of boats: speedboats and bass boats. The speedboats require one direct labor hour in Fabrication and two direct labor hours in Assembly. The bass boats require four direct labor hours in Fabrication and two direct labor hours in Assembly. Each product is budgeted for 3,500 units of production for the year.

   If required, round all per unit answers to the nearest cent.

   a. Determine the total number of budgeted direct labor hours for the year in each department.

   Fabrication	fill in the blank 1 direct labor hours
   Assembly	fill in the blank 2 direct labor hours

   b. Determine the departmental factory overhead rates for both departments.

   Fabrication	$fill in the blank 3 per dlh
   Assembly	$fill in the blank 4 per dlh

   c. Determine the factory overhead allocated per unit for each product using the department factory overhead allocation rates.

   Speedboat:	$fill in the blank 5 per unit
   Bass boat:	$fill in the blank 6 per unit