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I need help with part 13, 14, 16 of this question QUESTION 12 ALF's Pet Supply Manufacturing produces a variety of pet products. Two of
I need help with part 13, 14, 16 of this question
QUESTION 12 ALF's Pet Supply Manufacturing produces a variety of pet products. Two of the products that ALF's produces are food bowls and chew toys. ALF's accounting records for 2017 contain the following information: Overhead costs Direct labor hours Direct labor costs Direct material costs 250,000 20,000 $400,000 $500,000 Food bowl manufacturing uses 5,000 direct labor hours and chew toy manufacturing uses 10.000 direct labor hours each year, at a cost of $20 per hour. Total direct material costs are $217.500 per year for food bowls and $185,000 per year for chew toys. ALF's produces 40,000 units of each praduct each year and allocates overhead costs using direct labor hours. What is overhead alocation rate? QUESTION 13 What is the amount of overhead cost allocated to food bowl production? QUESTION 14 What is the amount of overhead cost allocated to chew toy production? QUESTION 15 What is the cost per unit for food bow's? QUESTION 16 If ALF's instead allocated overhead costs using direct material costs rather than direct labor hours, the cost per unit for food bowls would have been: HIGHER O LOWER THE SAME NOT ENOUGH INFORMATIONStep by Step Solution
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