Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

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.)

  

Required information [The following information applies to the questions displayed below.] Craft Pro Machining produces machine tools for the construction industry. The following details about overhead costs were taken from its company records. Production Activity Grinding Polishing Product modification Providing power System calibration Grinding Polishing Product modification Providing power System calibration Number of units Machine hours Indirect Labor $320,000 Engineering hours Batches Direct labor hours 600,000 500,000 Additional information on the drivers for its production activities follows. 13,000 machine hours 13,000 machine hours Indirect Materials Job 3175 200 units 550 MH 1,500 engineering hours 17,000 direct labor hours 400 batches 26 eng.hours 30 batches $135,000 500 DLH Job 4286 2,500 units 5,500 MH 32 eng hours 90 batches Other Overhead 4,375 DLH $255,000 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.) Product Job 3175 Job 4286 DL hours Plantwide OH rate $ $ 0 0.00 0.00 Total Overhead Cost Units Produced OH Cost per unit

Step by Step Solution

3.46 Rating (166 Votes )

There are 3 Steps involved in it

Step: 1

5 If the company used a plantwide overhead rate based on ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: John J. Wild, Ken W. Shaw

2010 Edition

9789813155497, 73379581, 9813155493, 978-0073379586

More Books

Students also viewed these Human Resource Management questions

Question

Discuss three applications of Skinners research.

Answered: 1 week ago