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factory overhead rate 1,120 Total 1,680 2,800 Required: 1. Determine the single plantwide factory overhead rate, using each of the following allocation bases: (a) direct
factory overhead rate
1,120 Total 1,680 2,800 Required: 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 2. Determine the product factory overhead costs, using (a) the direct labor hour plantwide factory overhead rate and (b) the machine hour plantwide factory overhead rate. Whole Milk Skim Milk Cream Direct labor hours Machine hours Single Plantwide Factory Overhead Rate Spotted Cow Dairy Company manufactures three products-whole milk, skim milk, and cream-in two production departments, Blending and Packing. The factory overhead for Spotted Cow Dairy is $336,000 The three products consume both machine hours and direct labor hours in the two production departments as follows: Direct Labor Machine Hours Hours Blending Department Whole milk 230 Skim milk Cream 200 270 690 1.680 260 Packing Department Whole mi Skim milk Cream 2.800 Required Step by Step Solution
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