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Bike-O-Rome produces two bike models: Voltage and EasyRider. Departmental overhead date follow. Department Budgeted Cost Allocation Base Budgeted Usage Fabricating $ 147,083 Machine hours (MH)
Bike-O-Rome produces two bike models: Voltage and EasyRider. Departmental overhead date follow. Department Budgeted Cost Allocation Base Budgeted Usage Fabricating $ 147,083 Machine hours (MH) 9, 808 MH Assembly 145, 208 Direct labor hours (DLH) 3,383 DLH Required: 1. Compute departmental overhead rates using (o) 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 date. Compute the overhead cost per unit for each model. Voltage EasyRider Machine hours per unit 2.8 MH 4.8 MH Direct labor hours per unit 2.8 DLH B.S OLH 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 $ 298 $ 185 $ 47 EasyRider 195 98 28 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.) Voltage EasyRider Department Departmental Overhead Rate Houra per Unit Overhead Allocated Hours per Unit Overhead Allocated Fabricating S 15.00 per machine hour 2.0 MH 4.0 MH Assembly 44.00 per direct labor hour 2.0 DLH 0.5 DLH Totals 5 0.00 S 0.00 >
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