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ACCOUNTING QUESTION: Please answer all incorrect questions. Please look at screenshot. Exercise 4 - 9 ( Algo ) Allocating overhead using plantwide rate and departmental
ACCOUNTING QUESTION: Please answer all incorrect questions. Please look at screenshot.
Exercise Algo Allocating overhead using plantwide rate and departmental rates LO P P
Laval produces lighting fixtures. Budgeted information for its two production departments follows. The departments use machine hours
and direct labor hours DLH
Laval reports the following for one of its products, a desk lamp.
Required:
Determine the plantwide overhead rate using direct labor hours as the allocation base.
Determine the overhead cost per unit for the desk lamp using the plantwide overhead rate.
Compute departmental overhead rates based on machine hours in the Fabricating department and direct labor hours in the
Assembly department.
Determine the overhead cost per unit for the desk lamp using the departmental overhead rates.
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Required:
Determine the plantwide overhead rate using direct labor hours as the allocation base.
Determine the overhead cost per unit for the desk lamp using the plantwide overhead rate.
Compute departmental overhead rates based on machine hours in the Fabricating department and direct labor hours in the Assembly department.
Determine the overhead cost per unit for the desk lamp using the departmental overhead rates.
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