Bike-O-Rama produces two bike models: Voltage and EasyRider. Departmental overhead data follow. Department Fabricating Assembly Budgeted Cost $ 135,800 144,000 Allocation Base Machine hours (MH) Direct labor hours (DLH) Budgeted Usage 9,700 MH 3,200 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 Voltage 2.0 MH 1.6 DLH EasyRider 3.0 MH 0.6 DLH 3. The company reports additional information below. For each model, compute the product cost per unit. Per Unit Voltage EasyRider Selling Price $ 277 175 Direct Materials $ 107 97 Direct Labor $ 43 19 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 Bike-O-Rama produces two bike models: Voltage and EasyRider. Departmental overhead data follow. Department Fabricating Assembly Budgeted Cost $ 135,800 144,000 Allocation Base Machine hours (MH) Direct labor hours (DLH) Budgeted Usage 9,700 MH 3,200 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 Voltage 2.0 MH 1.6 DLH EasyRider 3.0 MH 0.6 DLH 3. The company reports additional information below. For each model, compute the product cost per unit. Per Unit Voltage EasyRider Selling Price $ 277 175 Direct Materials $ 107 97 Direct Labor $ 43 19 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 The company reports the following actual production usage data. Compute the overhead cost per unit for each model. (Round your "Hours per unit" amounts to 1 decimal place and other answers to 2 decimal places.) Department Departmental Overhead Rate Voltage Hours per Unit Overhead Allocated EasyRider Hours per Unit Overhead Allocated Fabricating Assembly Totals Bike-O-Rama produces two bike models: Voltage and Easy Rider. Departmental overhead data follow. Department Fabricating Assembly Budgeted Cost $ 135,800 144,000 Allocation Base Machine hours (MH) Direct labor hours (DLH) Budgeted Usage 9,700 MH 3,200 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 Voltage 2.0 MH 1.6 DLH EasyRider 3.0 MH 0.6 DLH 3. The company reports additional information below. For each model, compute the product cost per unit. Per Unit Voltage EasyRider Selling Price $ 277 175 Direct Materials $ 107 97 Direct Labor $ 43 19 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 The company reports additional information below. For each model, compute the product cost per unit. (Round your answers to 2 decimal places.) Direct Materials Direct Labor Overhead Product Cost per Unit Per Unit Voltage EasyRider Bike-O-Rama produces two bike models: Voltage and EasyRider. Departmental overhead data follow. Department Fabricating Assembly Budgeted Cost $ 135,800 144,000 Allocation Base Machine hours (MH) Direct labor hours (DLH) Budgeted Usage 9,700 MH 3,200 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 Voltage 2.0 MH 1.6 DLH Easy Rider 3.0 MH 0.6 DLH 3. The company reports additional information below. For each model, compute the product cost per unit. Per Unit Selling Price Direct Materials Direct Labor Voltage $ 277 $ 107 $ 43 EasyRider 175 97 19 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.) Selling Price Product Cost Gross Profit Per Unit Voltage EasyRider
