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Applied Overhead and Unit Overhead Cost: Plantwide Rates Imprimo, Inc., produces two types of ink-jet printers: business and home. Imprimo uses a plantwide rate
Applied Overhead and Unit Overhead Cost: Plantwide Rates Imprimo, Inc., produces two types of ink-jet printers: business and home. Imprimo uses a plantwide rate based on direct labor hours to assign its overhead costs. The company has the following estimated and actual data for the coming year: Estimated overhead $1,380,000 Expected activity 46,000 Actual activity (direct labor hours): Business printer 11,000 Home printer 35,000 Units produced: Business printer Home printer 22,000 175,000 Required: 1. Calculate the predetermined plantwide overhead rate, using direct labor hours. $ per hour Calculate the applied overhead for each product, using direct labor hours. Applied overhead Business Home 2. Calculate the overhead cost per unit for each product. If required, round your answers to the nearest cent. Business $ Home $ Overhead Cost per unit Der unit
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