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all questions Blue Ridge Marketing Inc, manufactures two products, A and B. Presently, the company uses a single plantide factory overhead rate for allocating overhead
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Blue Ridge Marketing Inc, manufactures two products, A and B. Presently, the company uses a single plantide factory overhead rate for allocating overhead to products. However, management is considering moving to a multiple department rate system for allocating overhead. The following table presents information about estimated overhead and direct labor hours. Direct Labor Product Overhead Hours (dlh B Painting Dept. $248,000 10,000 dih 16 dih 4 dlh Finishing Dept. 72.000 10.000 16 Totals $320,000 20,000 dlh 20 dth 20 dith 4 15. Using a single plantwide rate, determine the overhead rate per unit for Blue Ridge Marketing Inc.'s Product B. a. $496.00 b. $144.00 c. S640.00 d. $320.00 16. Determine the overhead in the Painting Department for each unit of Product B if Blue Ridge Marketing Inc. uses a multiple department rate system. a. $49.60 per unit b. $99.20 per unit c. $28.80 per unit d. $64.00 per unit 17. Determine the overhead in the Finishing Department for each unit of Product A if Blue Ridge Marketing Inc. uses a multiple department rate system. a. $99.20 per unit b. $49.60 per unit c. $64.00 per unit d. $28.80 per unit 18. Which of the following is not a factory overhead allocation method? a. single plantwide rate b. multiple departmental rates c. factory costing d., activity-based costing Step by Step Solution
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