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I need help with this, I am really confused. Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs
I need help with this, I am really confused.
Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records. Indirect Materials Other Overhead Indirect Labor $350,000 Production Activity Grinding Polishing Product modification Providing power System calibration $145,000 500,000 $245,000 450,000 Additional information on the drivers for its production activities follows. Grinding and Polishing Product modification Providing power System calibration 16,000 machine hours 2,100 engineering hours 20,000 direct labor hours 150 batches Number of units Machine hours Engineering hours Batches Direct labor hours Job 3175 160 units 400 MH 26 eng. hours 5 batches 500 DLH Job 4286 2,000 units 4,000 MH 32 eng. 15 batches 4,500 DLH hours Required: 5. If the company uses a plantwide overhead rate based on direct labor hours, what is the overhead cost for each unit of Job 3175? Of Job 4286? (Do not round intermediate calculations. Round "OH Cost per unit" answers to 2 decimal places.) Overhead costs per direct labor hour Direct labor hours 20,000 Product DL hours Plantwide OH rate Total Overhead Cost Units Produced OH Cost per unit Job 3175 $ 0.00 $ O Job 4286 0.00 $ OStep by Step Solution
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