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Can you help me with #2? Single Plantwide Factory Overhead Rate Spotted Cow Dairy Company manufacturos three products-whole mik, skim mik, and cream-in two production
Can you help me with #2? Single Plantwide Factory Overhead Rate Spotted Cow Dairy Company manufacturos three products-whole mik, skim mik, and cream-in two production departments, Blending and Packing. The factory overhead for Spotted Cow Dairy is $365,400. The three products consume both machine hours and direct labor hours in the two production departments as follows: 1. Determine the single plantwide factory overhead rate, using each of the following allocation bases: (a) direct labor hours and (b) machine hours. If required, round all amounts to the nearest dollar. a. Direct labor overhead rate per direct labor hour b. Machine hour overhead rate per machine hour. Determine the product factory overhead costs, using (a) the diroct labor hour plantwide factory overhead rate and (b) the machine hour plantwide factory overhead Feroback v Check My Work 1. Calculate: (a) Factory overhead total direct labor hours = Rate (b) Factory overhead + total machine hours = Rate 2. Calculate for each product: (a) Activity usage for both departments Rate from Req. 1(a)= Direct labor hour allocated overhead (b) Activity usage for both departments Rate from Rea, 1(b) = Machine hour allocoted overhead
Can you help me with #2?
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