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Bike-O-Rama produces two bike models: Voltage and EasyRider. Departmental overhead data follow. Department Fabricating Budgeted Cost $ 128,800 175,500 Allocation Base Machine hours (MH)
Bike-O-Rama produces two bike models: Voltage and EasyRider. Departmental overhead data follow. Department Fabricating Budgeted Cost $ 128,800 175,500 Allocation Base Machine hours (MH) Direct labor hours (DLH) Budgeted Usage 9,200 MI 2,700 DLH Assembly 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. Voltage 2.0 MH 1.4 DLH EasyRider 3.0 MH 0.6 DLH Machine hours per unit Direct labor hours per unit 3. The company reports additional information below. For each model, compute the product cost per unit. Per Unit Voltage Selling Price. Direct Materials $ 291 $ 102 181 Direct Labor $ 47 14 EasyRider 92 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 labor hours to allocate budgeted Assembly costs. Fabricating departmental overhead rate Assembly departmental overhead rate < Required 1 Required 2 > Bike-O-Rama produces two bike models: Voltage and EasyRider. Departmental overhead data follow. Department Fabricating Assembly Budgeted Coat $ 128,800 175,500 Allocation Base Machine hours (MH) Direct labor hours (DLH) Budgeted Usage 9,200 MH 2,700 DLH 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 3. The company reports additional information below. For each model, compute the product cost per unit. Selling Price $ 291 181 Voltage 2.0 MI 1.4 DLH Per Unit Direct Labor Voltage EasyRider Direct Materials $ 102 92 $ 47 14 4. For each model, compute gross profit per unit (selling price per unit minus product cost per unit). EasyRider 3.0 MH 0.6 DLH Complete this question by entering your answers in the tabs below. Required 1 Required 2 Department Fabricating Assembly Totals Required 3 Required 4 The company reports the following actual production usage data. Compute the overhead cost per unit for each model. (Round your "Hours per unit amour decimal place and other answers to 2 decimal places.) Departmental Overhead Rate Hours per Unit Voltage < Required 1 EasyRider Overhead Allocated Hours per Unit Overhead Allocated Required 3 > Bike-O-Rama produces two bike models: Voltage and EasyRider. Departmental overhead data follow. Budgeted Cont $ 128,800 175,500 Allocation Base. Machine hours (MH) Direct labor hours (DLH) Budgeted Usage 9,200 MH 2,700 DLH Department Pabricating Assembly 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. Selling Price $ 291 181 Voltage 2.0 MH 1.4 DLH Machine hours per unit Direct labor hours per unit 3. The company reports additional information below. For each model, compute the product cost per unit. Per Unit Direct Labor Voltage EasyRider Direct Materials $ 102 92 $ 47 14 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. Per Unit Direct Materials Voltage EasyRider EasyRider 3.0 MH 0.6 DLH Required 1 Required 2 FAquired 3 The company reports additional information below. For each model, compute the product cost per unit. (Round your answers to 2 decimal places.) Required 4 Direct Labor Overhead < Required 2 Product Cost per Unit Required 4 > Bike-O-Rama produces two bike models: Voltage and EasyRider. Departmental overhead data follow. Department Fabricating Assembly Budgeted Cost $ 128,800 175,500 Allocation Base Machine hours (MH) Direct labor hours (DLH) Budgeted Usage 9,200 MH 2,700 DLH 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 3. The company reports additional information below. For each model, compute the product cost per unit. Per Unit Voltage EasyRider Direct Materials $ 102 92 Direct Labor $ 47 14 4. For each model, compute gross profit per unit (selling price per unit minus product cost per unit). Selling Price $ 291 181 Voltage 2.0 MH 1.4 DLH Complete this question by entering your answers in the tabs below. Required 1 Required 2 Per Unit Required 3 For each model, compute gross profit per unit (selling price per unit minus product cost per unit). (Round your answers to 2 decimal places.) Voltage EasyRider Selling Price EasyRider 3.0 MH 0.6 DLH Required 4 Product Cost Gross Profit < Required 3 Requins
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