Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Accounting numeric field ry Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at $507,200, divided into four activities:

image text in transcribed

Accounting numeric field ry Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at $507,200, divided into four activities: fabrication, $192,000; assembly, $80,000; setup, $127,200; and inspection, $108,000. Bardot Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows: Fabrication 4,000 dlh 12,000 Speedboat Assembly 12,000 dlh 4,000 Setup 29 setups Inspection 50 inspections 350 Bass boat 211 16,000 dlh 16,000 dlh 240 setups 400 inspections Each product is budgeted for 2,500 units of production for the year. a. Determine the activity rates for each activity. Fabrication per direct labor hour - Assembly per direct labor hour - Setup - per setup Inspection per inspection - b. Determine the activity-based factory overhead per unit for each product. Round to the nearest whole dollar. Speedboat $ per unit Bass boat per unit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Energy Management Audit And Conservation

Authors: U. P. Kumar Chaturvedula

1st Edition

6202015985, 978-6202015981

More Books

Students also viewed these Accounting questions