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Bike-O-Rama produces two bike models: Voltage and EasyRider, Departmental overhead data follow. Department Fabricating Assembly Required: Budgeted Cost $121,800 Allocation Base Machine hours (MH) Budgeted
Bike-O-Rama produces two bike models: Voltage and EasyRider, Departmental overhead data follow. Department Fabricating Assembly Required: Budgeted Cost $121,800 Allocation Base Machine hours (MH) Budgeted Usage 8,700 MH 132,000 Direct labor hours (DLH) 2,200 DLH 1. Compute departmental overhead rates using (a) machine hours to allocate budgeted Fabricating costs and (b) direct labor hours to allocate budgeted Assembly costs. 2. The company reports the following actual production usage data. Compute the overhead cost per unit for each model Machine hours per unit Direct labor hours per unit Voltage 2.0 MH 1.5 DLH EasyRider 3.0 101 0.5 DEH 3. The company reports additional information below. For each model, compute the product cost per unit. Per Unit Voltage EasyRider Selling Price $287 172 Direct Materials $.97 87 Direct Labor $ 46 22 4. For each model, compute gross profit per unit (selling price per unit minus product cost per unit). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 41 The company reports additional information below. For each model, compute the product cost per unit. (Round your answers to 2 decimal places.) Required: 1. Compute departmental overhead rates using (a) machine hours to allocate budgeted Fabricating costs and (b) direct labor hours to allocate budgeted Assembly costs. 2. The company reports the following actual production usage data. Compute the overhead cost per unit for each model. Machine hours per unit Direct labor hours per unit Voltage 2.0 MH 1.5 DLH EasyRider 3.0 MH 0.5 DLH 3. The company reports additional Information below. For each model, compute the product cost per unit. Per Unit Voltage EasyRider Selling Price $287 172 Direct Materials $97 87 Direct Labor $46 22 4. For each model, compute gross profit per unit (selling price per unit minus product cost per unit). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 41 The company reports additional information below. For each model, compute the product cost per unit. (Round your answers to 2 decimal places.) Per Unit Direct Materials Voltage EasyRider Direct Labor Overhead 97.00 $ 46.00 $ 87 00 22 00 Product Cost per Unit 143 00 100 00 Required: 1. Compute departmental overhead rates using (a) machine hours to allocate budgeted Fabricating costs and (b) direct labor hours to allocate budgeted Assembly costs. 2. The company reports the following actual production usage data. Compute the overhead cost per unit for each model. Machine hours per unit Direct labor hours per unit Voltage 2.0 MH 1.5 DLH EasyRider 3.0 MH 0.5 DLH 3. The company reports additional information below. For each model, compute the product cost per unit. Per Unit Voltage EasyRider Selling Price $287 172 Direct Materials $97 87 Direct Labor $.46 22 4. For each model, compute gross profit per unit (selling price per unit minus product cost per unit). Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 For each model, compute gross profit per unit (selling price per unit minus product cost per unit). (Round your answers to 2 decimal places.) Per Unit Voltage EasyRider Selling Price Product Cost Gross Profit $ 287 00 172.00 $ 287.00 172 00
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