Davinci Manufacturing Co. has two production processes: Mixing and Canning departments. For the year 2020, Davinci budgeted total overhead of P4,965,000, of which P1,927,500 will be incurred in Mixing and the balance will be incurred in Canning Budgeted direct labor hours and machine hours are as follows:

Mixing Canning

Budgeted direct labor hours 108,000 12,000

Budgeted machine hours. 8,400 263,200

Two Products, Red and Pink are being produced by Davinci. The following cost and other information are given below:

Required: 

• Determine the plantwide overhead rate based on machine hours.

• Determine the departmental overhead rate in Mixing Dept. using the most appropriate base

• Determine the departmental overhead rate in Canning Department using the most appropriate base

• Determine the cost of product Red using a plantwide overhead rate based on direct labor hours

• Determine the cost of product Pink using a plantwide overhead rate based on direct labor hours

• Determine the cost of product Red using a plantwide overhead rate based on machine hours

• Determine the cost of product Pink using a plantwide overhead rate based on machine hours

• Determine the cost of product Red using a departmental overhead rate

• Determine the cost of product Pink using a departmental overhead rate

Red Pink Direct Material P174.25 P78.28 Direct Labor rate in Mixing 80.00 80.00 Direct Labor rate in Canning 32.00 32.00 Direct Labor hours in Mixing 24.00 19.20 Direct labor hours in canning 0.12 0.20 Machine hours in Mixing 0.24 0.60 Machine hours in Canning 23.60 37.20