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Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at $601,050, divided into four activities: fabrication,

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Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at $601,050, divided into four activities: fabrication, 5272,000; assembly, 5114,000, setup. 5117,300; and inspection, $97,750. 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 4,250 dth 14,250 dih 31 setups 53 inspections Bass boat 12,750 4,750 224 372 17,000 dih 19,000 din 255 setups 425 inspections Each product is budgeted for 4,500 units of production for the year. a. Determine the activity rates for each activity Fabrication per direct labor hour Assembly 5 per direct labor hour Setup 5 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 eBook Scrumptious Snacks Inc, manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period: Factory depreciation $18,713 Indirect labor 46,375 Factory electricity 5.288 Indirect materials 10,984 Selling expenses 26,035 Administrative expenses 14,645 Total costs $122,040 Factory overhead is allocated to the three products on the basis of processing hours. The products had the following production budget and processing hours per case: Budgeted Volume Processing Hours (Cases) Per Case Tortilla chips 7,200 0.12 Potato chips 3,600 0.10 Pretzels 5,400 0.15 Total 16,200 If required, round all per case answers to the nearest cent. a. Determine the single plantwide factory overhead rate. per processing hour b. Use the overhead rate in (a) to determine the amount of total and per-case overhead allocated to each of the three products under generally accepted accounting principles Total Factory Overhead Per Case Factory Overhead b. Use the overhead rate in (a) to determine the amount of total and per-case overhead allocated to each of the three products under generally accepted accounting principles. Total Factory Overhead Per Case Factory Overhead Tortilla chips Potato chips Pretzels Total

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