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just need help with these two questions. Mu biple production department factory overhead rates The total factory averhead for Cypress Marine Company is budgeted for
just need help with these two questions.
Mu biple production department factory overhead rates The total factory averhead for Cypress Marine Company is budgeted for the year at $703,750, 4ivided into two departments: Fabricatian, 1619,750 , and Assembly, $155,000. Cypress Marine manufactures two types of boats: speedboats and bass boats. The speedboats reciure three direct laber hours in Fabricabon and threw dirkt labor hours in Assembly. The bass boats require two drect labor hours ia rabrication and ore direct laboe hour in Astembly. Each product is budgeted for 5 , 500 un ts of preduction far the year. If required, round all per unit answers to the nearest cent. a. Determine the total number of budgeted direct labor heun for the vear in each department. Fabrication direct laber hours Assembly direct labor hours b. Determine the departmental factacr ovechesd rates for both Gepartments. rabeication Department rates Astembly Department rate 5 per dith per elsh per dith per din Total fectory overhead: per baus boat Activity-based costing: factory overhead couts The total factory overhead for Cypress Manne Company is budgeted for the year at $025,000, divided into four activities: fabrication, $400,000, assembly, $150,000, ivtup, $150,000, and inspection, $125,000, Oypress Marine manufactures two types of boatsi speedbeats and bass boats. The activity-base usage quanties for each product by each. activity are as folows: Eoch product is budgeted for 3,000 units of production for the vear. a. Determine the activity rates for each activity. b. Determine the activity-based factory overnead per unit for each product. Round all per unit answers to the nearest dollar. Speedboots : per unit Bess Boats 5 per unit Step by Step Solution
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