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Bike-O-Rama produces two bike models: Voltage and EasyRider. Departmental overhead data follow. Department Fabricating Assembly Required: Allocation Base Machine hours (MH) Budgeted Cost $
Bike-O-Rama produces two bike models: Voltage and EasyRider. Departmental overhead data follow. Department Fabricating Assembly Required: Allocation Base Machine hours (MH) Budgeted Cost $ 127,400 156,000 Direct labor hours (DLH) Budgeted Usage 9,100 MH 2,600 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 1.6 DLH EasyRider 4.0 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 $ 290 180 Direct Materials $ 101 91 Direct Labor $ 49 13 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 Compute departmental overhead rates using (a) machine hours to allocate budgeted Fabricating costs and (b) direct lat hours to allocate budgeted Assembly costs. Fabricating departmental overhead rate Assembly departmental overhead rate Voltage EasyRider Department Departmental Overhead Rate Hours per Unit Overhead Allocated Hours per Unit Overhead Allocated Fabricating Assembly Totals Per Unit Direct Materials Direct Labor Overhead Product Cost per Unit Voltage EasyRider Per Unit Selling Price Product Cost Gross Profit Voltage EasyRider
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