Exercise 17.6 (Algo) Computing departmental overhead rates LO P2 Hydro Sports budgets overhead cost of $708.000 for the year; of this amount, $420,000 is traceable to the Assembly department and $288,000 is traceable to the Finishing department. The company manufactures two types of jet skis: standard and deluxe. Fudgeted direct labos hours for the standard model are 6 in Assembly and 1 in Finishing. Budgeted direct labor hours for the deluxe model are 8 in Assembly and 2 in Finishing. The company budgets production of 240 units of the standard model and 240 units of the deluxe model for the year. 1. Compute each department's total number of budgeted direct labor hours for the year. 2. Compute departmental overhead rates for each department using direct labor hours for that department. 3. Compute overhead cost per unit for each model using departmental overhead rates. Actual direct labor hours for the standard model are 6 in Assembly and 1 in Finishing. Actual direct labor hours for the delwoe model are 8 in Assembly and 2 in Finishirig. Complete this question by entering your answers in the tabs below. Compute each department's total number of buogeted direct labor hours for the year. Hydro Sports budgets ovemtead cost of $708,000 for the year; of this amount, $420,000 is traceable to the Assembly dopartment and $288.000 is traceable to the Finishing department. The company manufactures two types of jet skis: standard and deluxe. Budgeted direct labor hours for the standard model are 6 in Assembly and 1 in Finishing. Budgeted direct labor hours for the deluxe model are 8 . in Assembly and 2 in Finishing. The compony budgets production of 240 units of the standatd model and 240 units of the deluke model for the year. 1. Compute each department's total number of budgeted direct tabor hours for the year: 2. Compute departmental overhead rates for each department using direct labor hours for that deportment. 3. Compute overhead cost per unit for each model using departmental overhead rates Actual direct labor hours for the standard model ore 6 in Assemby and 1 in Finishing. Actual direct labor hours for the deluxe model are 8 in Assembly and 2 in finishing. Complete this question by entering your answers in the tabs below. Compute departmenta overhead rates for each department using direct iabor hours for that department; Hydro Sports budgets owerhead cost of $708,000 for the year; of this amount, $420,000 is troceoble to the Assemby department and $288,000 is traceoble to the Finishing deportment. The company manufactures two types of jet shis: gandord and deluye. Pudgeled direct labor hours for the standard model are 6 in Assembly and 1 in Finishing. Budgoted direct labor hours for the deluxe model are 8 in Assembly and 2 in Finishing. The company budgets production of 240 units of the standard model and 240 units of the deluwe. model for the year: 1. Compute each department's total number of budgeted direct labor hours for the year. 2. Compute departmental ovemead rates for each department using direct labor hours for that department. 3. Compute overhead cost per unit for each model using departmental ovemead rates. Actual direct labor hours for the standard model are 5 in Assembly and 1 in Finishing. Actual direct labor hours for the deluxe model are 8 in Assembly and 2 in Finishing. Complete this question by antering your answers in the tabs below. Compute oventhead cost per unit for each model using departmental overhead rates. Actual cirect labor hours for the standard model are 6 in Assembiy and 1 in Finishing. Actuat direct labor hours for the deluxe model are if in Assembly ans 2 in finithing