Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Blackwelder Factory produces two similar products: small table lamps and desk lamps. The total factory overhead budget is $519,000 with 513,000 estimated direct labor hours.

image text in transcribed
image text in transcribed
image text in transcribed
Blackwelder Factory produces two similar products: small table lamps and desk lamps. The total factory overhead budget is $519,000 with 513,000 estimated direct labor hours. It is further estimated that small table lamp production will require 284,000 direct labor hours, and desk lamp production will need 125,000 direct labor hours. Using a single plantwide factory overhead rate with an allocation base of direct labor hours, the factory overhead that Blackwelder Factory will allocate to desk lamp production if actual direct labor hours for the period for desk lamps is 207,000 would be a. $209,070 b. $712,058 c. $469,140 d. $309,930 Dudar Maut Pinnacle Corp. budgeted $236,620 of overhead cost for the current year. Actual overhead costs for the year were $213,870. Pinnacle's plantwide allocation base, machine hours, was budgeted at 45,380 hours. Actual machine hours were 47,480. A total of 109,250 units was budgeted to be produced and 98,000 units were actually produced. Pinnacle's plantwide factory overhead rate for the current year is: a. $4.71 per machine hour b. $5.21 per machine hour c. $1.96 per machine hour d. $2.17 per machine hour Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly. Data for the products and departments are listed below. Number of Direct Labor Hours Machine Hours Product Units Per Unit Per Unit Blinks 1,015 5 Dinks 1,990 2 9 un All of the machine hours take place in the Fabrication department, which has an estimated overhead of $106,100. All of the labor hours take place in the Assembly department, which has an estimated total overhead of $78,400. Ramapo Company uses a single plantwide overhead rate to apply all factory overhead costs based on direct labor hours. The factory overhead allocated per unit of Blinks is a. $7.70 b. $40.75 c. $101.90 d. $392.06

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Leadership Style At PT Tekstil Bandung A Management Audit Investigation Following The Prolonged Economic Slowdown In Indonesia

Authors: Samuel P.D. Anantadjaya, Irma M. Nawangwulan

1st Edition

3659328979, 978-3659328978

More Books

Students also viewed these Accounting questions

Question

Describe the job youd like to be doing five years from now.

Answered: 1 week ago

Question

So what disadvantages have you witnessed? (specific)

Answered: 1 week ago