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Calculator E Print Item The Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly. Data for the
Calculator E Print Item The 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 units 1,000 2,000 Labor hours per unit Machine hours per unit Product Blinks Dinks All of the machine hours take place in the Fabrication department, which has an estimated overhead of $84,000. All of the labor hours take place in the Assembly department, which has an estimated total overhead of $72,000. The Ramapo Company uses a single overhead rate to apply all overhead costs based on labor hours. What is the overhead cost per unit for Blinks? X a. $19.50 Ob. $37.45 c. $78.00 Od. $56.00 Feedback Check My Work Incorrect. Calculator Print Item Blue Ridge Marketing Inc, manufactures two products, A and B. Presently, the con e factory overhead rate for allocating overhead to products. However, management is considering moving to a multiple department rate system for allocating overhead. The following table presents information about estimated overhead and direct labor hours. Product Painting Dept. Finishing Dept. Totals 16 dih Direct Labor Hours (dih) 10,000 dih 10,000 20.000 dih Overhead $249,000 72.000 $320.000 20 dih 20 dih Determine the overhead in the Painting Department for each unit of Product By Blue Ridge Marketing Inc. uses a multiple department rate system. X a. $28.80 per unit b. $64.00 per unit c. $99.20 per unit d. $49.60 per unit Calculator Print Item The Kaumajet Factory produces two products - table lamps and desk lamps. It has two separate departments - Finishing and Production. The overhead budget for the finishing Department is $550,000, using 500,000 direct labor hours. The overhead budget for the Production Department is $400,000 using 80,000 direct labor hours. If the budget estimates that a table lamp will require 2 hours of finishing and 1 hours of production, how much factory overhead will the Kaumajet Factory allocate to each unit of table lamp using the multiple production department factory overhead rate method with an allocation base of direct labor hours? a. 34.91 Ob. $6.33 c. 57.20 xod. $5.00 Check My Work Calculator E Print Item Using multiple department factory overhead instead of a single plantwide factory overhead rate: a. results in more accurate product costs b. applies overhead costs to all departments equally c. results in distorted product costs d. is simpler and less expensive to compute than a plantwide rate - CEICUIET Print Item All of the following can be used as an allocation base for calculating factory overhead rates except: a. direct labor dollars Ob. direct labor hours Oc. total units produced d. machine hours
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