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I Need a accounting tutor to help me with my homework please. Black and Blue Sports Inc. manufactures two products: snowboards and skis. The factory
I Need a accounting tutor to help me with my homework please.
Black and Blue Sports Inc. manufactures two products: snowboards and skis. The factory overhead incurred is as follows: 1 Indirect labor $507,000.00 2 Cutting Department 156,000.00 3 Finishing Department 192,000.00 4 Total $855,000.00 The activity base associated with the two production departments is direct labor hours. The indirect labor can be assigned to two different activities as follows: 1 Budgeted Activity Activity Activity Base Cost 2 Production control $237,000.00 Number of production runs 3 Materials handling 4 Total 270,000.00 Number of moves $507,000.00 The activity-base usage quantities and units produced for the two products follow: Number Direct Labor Hours Direct Labor Hours of Moves Cutting Finishing 430 5,000 4,000 2,000 6,000 Skis 70 2,500 2,000 4,000 6,000 Total 500 7,500 6,000 6,000 12,000 Number of Production Runs Snowboards Units Produce d 1. Determine the factory overhead rates under the multiple production department rate method. Assume that indirect labor is associated with the production departments, so that the total factory overhead is $315,000 and $540,000 for the Cutting and Finishing departments, respectively. If required, round your answers to two decimal places. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Question not attempted. Score: 0/20 1 Department Production Department Rate 2 per direct labor hour 3 per direct labor hour 2. Determine the total and per-unit factory overhead costs allocated to each product, using the multiple production department overhead rates in (1). If required, round your answers to two decimal places. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Question not attempted. Score: 0/28 1 2 3 Product Total Factory Overhead Factory Overhead Per UnitStep by Step Solution
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