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I need the correct answer please 2. Departmental Rates Nabors Company gathers the following departmental data for a second year. Two types of stereo units
I need the correct answer please
2. Departmental Rates Nabors Company gathers the following departmental data for a second year. Two types of stereo units are produced: deluxe and regular. Fabrication Assembly $60,000 $120,000 Budgeted overhead Expected and actual usage (direct labor hours): Deluxe Regular 3,000 3,000 6,000 2,000 43,000 45,000 Fabrication Assembly Expected and actual usage (machine hours): Deluxe 2.000 5,000 Regular 18,000 5,000 20,000 10,000 In addition to the departmental data, the following information is provided: Deluxe Regular Units produced 5,000 50,000 Prime costs $40,000 $300,000 Required 1. Calculate departmental overhead rates, using machine hours for fabrication and direct labor hours for assembly. 2. Calculate the applied overhead by department. 3. Calculate the applied overhead by product. 4. Calculate unit costsStep by Step Solution
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