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A company produces parts for a variety of small machine manufacturers. Most products go through two operations, molding an trimming, before they are ready for
A company produces parts for a variety of small machine manufacturers. Most products go through two operations, molding an trimming, before they are ready for packaging. Expected costs and activities for the molding department and for the trimming department for this year follow. Molding Trimming Direct labor hours 49, 000 DLH 50,000 DLH Machine hours 38, 500 MH 4, 100 MH Overhead costs $780, 090 $570, 000 Data for two special-order parts to be manufactured by the company in this year follow. Part A27C Part X82B Number of units 9,800 units 51, 000 units Machine hours Molding 5, 500 MH 1, 100 MH Trimming 3, 800 MH 950 MH Direct labor hours Molding 3,000 DLH 2, 460 DLH Trimming 500 DLH 2, 500 DLH Required: 1. Compute the plantwide overhead rate using direct labor hours as the base. 2. Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the plantwide overhead rate using direct labor hours as the base. Required: 1. Compute the plantwide overhead rate using direct labor hours as the base. 1 Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the overhead cost assigned to each product line using the plantwide late computed in requirement 1. (Round "DH rate" to 2 decimal places.) ( Required 1
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