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Hi I need help with this homework question Calculate the budgeted cost of trophies and plaques based on a single?plant-wide overhead?rate, if total overhead is

Hi I need help with this homework question

  1. Calculate the budgeted cost of trophies and plaques based on a single?plant-wide overhead? rate, if total overhead is allocated based on total direct costs.
  2. Calculate the budgeted cost of trophies and plaques based on departmental overhead? rates, where forming department overhead costs are allocated based on direct manufacturing labor costs of the forming department and assembly department overhead costs are allocated based on total direct costs of the assembly department.
  3. Calculate the budgeted cost of trophies and plaques if Triumph allocates overhead costs in each department using? activity-based costing.



image text in transcribedimage text in transcribed Triumph Trophies makes trophies and plaques and operates at capacity . Triumph does large custom orders , such as the participant trophies for the Minnetonka Little League . The controller has asked you to compare plant-wide , department , and activity-based cost allocation*( Click the icon to view the budgeted batch information . )\Setup costs in each department vary with the number of batches processed in each department . The budgeted number of batches for each product line in each department is as follows@ ( Click the icon to view the other related information . )Supervision costs in each department vary with direct manufacturing labor costs in each department .Read the requirementsRequirement 1 . Calculate the budgeted cost of trophies and plaques based on a single plant-wide overhead rate , if total overhead is allocated based on total direct costs*Start by calculating the total direct costs for the trophies and plaques departments .Trophies*Direct materials*FormingAssemblyTotal direct materials*Direct manufacturing laborFormingAssemblyTotal direct manufacturing laborTotalal direct costs Data Table- XMore Info- XTriumph Trophies Budgeted Information for the Year Ended November 30 , 2014Forming DepartmentTrophiesPlaquesTotalDirect materials23.000 5)22, 500 5\45.500TrophiesPlaquesDirect manufacturing labor30, 010.00040.000Forming department4 4108Overhead costsAssembly department38272Set up30. 400Supervision*16,000PrintDoneAssembly DepartmentTrophiesPlaquesTotalDirect materials4. 600 }23. 900 $28, 500Direct manufacturing labor15, 520. 50036, 000Overhead costsSetup96, 720Supervision*21. 960

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