Exercise 17-10 Assigning overhead costs using the plantwide rate and departmental rate methods LO P1, P2 Laval produces lamps and home lighting foxtures. Its most popular product is a brushed aluminum desk lamp. This lamp is made from components shaped in the fabricating department and assembled in the assembly department Information related to the 33.000 desk lamps produced annually follows. $275,000 Direct waterials Direct labor Fabricating department 6.000 DLH Assembly departent (16,200 DLH Machine hours. Fabricating department Assembly department 527 per DLH) 529 per DLH) $162.ee $469,800 14,500 21.209 Expected overhead cost and related data for the two production departments follow Direct labor hours Machine hours Overhead cost Fabricating 160,000 DUH 168,000 $380,000 Assembly 345,000 DLH 132,000 MH $430,000 Required 1. Determine the plantwide overhead rate for Laval using direct labor hours as a base 2. Determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate 3. Compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department 4. Use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk Lamps Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the plantwide overhead rate for Laval using direct labor hours as a base. Actual machine hours Estimated overhead costs $ 505.000 3 S 810,000 062 per direct labor hour S Regulad Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate. Direct materials Direct Labor - Fabricating Direct Labor - Assembly Overhead $275,000 162,000 469,800 35,608 Total manufacturing costs Units produced Manufacturing cost per unit 942,408 33,000 $ 28,56 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute departmental overhead rates based on machine hours in the fabricating department and direct labor hour assembly department. (Round your answers to 2 decimal places.) Fabricating Assembly Departmental overhead rate $ 300,000.00 S 810,000.00 MH DLH (Required 2 Required 4 > Required i Required 2 Required 3 Required 4 Use departmental overhead rates from requirement 3 to determine the total manufacturing cost p desk lamps. $ 275,000 Direct materials Direct labor Fabricating Assembly 162,000 469,800 631,800 Overhead Fabricating Assembly 32,798 69,061 101,859 1,008,659 33,000 Units produced Manufacturing cost per unit $ 30.57 per unit
