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Kettle Factory produces two similar productsgloves and mittens. The total plant budget is $1,050,000 with 600,000 estimated direct labor hours. It is further estimated that

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Kettle Factory produces two similar productsgloves and mittens. The total plant budget is $1,050,000 with 600,000 estimated direct labor hours. It is further estimated that glove production will require 375,000 direct labor hours and mitten production will require 225.000 direct labor hours. (SHOW YOUR WORK) (a) Determine the single plant factory overhead rate based on direct labor hours. (b) How much is the factory overhead cost per pair of gloves if each pair requires 2 hours to produce? (c) How much is the factory overhead cost per pair of mittens if each pair takes 1.5 hours to produce? (d) How much total factory overhead will be allocated to glove production if 187,500 pairs are budgeted and 190,000 pairs are actually produced during the period? How much total factory overhead will be allocated to mitten production if 150,000 pairs are budgeted and 140,000 pairs are actually produced during the period? The manufacturing cost of Mocha Industries for three months of the year are provided below: April May June Total Cost $ 63,100 80,920 100,900 Production 1,100 units 1,800 2,600 Using the high-low method, determine the (a) variable cost per unit, and (b) the total fixed costs

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