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Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at $1,202,300, divided into four activities: fabrication,
Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at $1,202,300, divided into four activities: fabrication, $651,000; assembly, $232,000; setup, $172,050; and inspection, $147,250. 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 Assembly Setup Inspection Speedboat 7,750 din 21,750 dih 56 setups 97 Inspections Bass boat 23,250 7,250 409 678 31,000 dih 29,000 din 465 setups 775 inspections Each product is budgeted for 4,000 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 Single Plantwide Factory Overhead Rate The total factory overhead for Bardot Marine Company is budgeted for the year at $1,746,000. Bardot Marine manufactures two types of boats: speedboats and bass boats. The speedboat and bass boat each require three direct labor hours for manufacture. Each product is budgeted for 12,000 units of production for the year. When required, round all per unit answers to the nearest cent. a. Determine the total number of budgeted direct labor hours for the year. direct labor hours b. Determine the single plantwide factory overhead rate. per din c. Determine the factory overhead allocated per unit for each product using the single plantwide factory overhead rate. Speedboat per unit Bass boat per unit
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