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Angler Industries produces a product which goes through two operations, Assembly and Finishing, before it is ready to be shipped. Next years expected costs and
Angler Industries produces a product which goes through two operations, Assembly and Finishing, before it is ready to be shipped. Next years expected costs and activities are shown below.
Assembly | Finishing | |||
---|---|---|---|---|
Direct labor hours | 170,000 | DLH | 147,000 | DLH |
Machine hours | 370,000 | MH | 86,950 | MH |
Overhead costs | $ 370,000 | $ 543,900 |
Assume that Angler Industries allocates overhead using a plantwide overhead rate based on machine hours. How much total overhead will be assigned to a product that requires 1 direct labor hour and 3.20 machine hours in the Assembly Department, and 4.00 direct labor hours and 0.5 machine hours in the Finishing Department?
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