Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Laval produces lamps and home lighting fixtures. Its most popular product is a brushed aluminum desk lamp. This lamp is made from components shaped in

Laval produces lamps and home lighting fixtures. Its most popular product is a brushed aluminum desk lamp. This lamp is made from components shaped in the fabricating department and assembled in the assembly department. Information related to the 35,000 desk lamps produced annually follows. image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Saved Help Save & Exit Check my Laval produces lamps and home lighting fixtures. Its most popular product is a brushed aluminum desk lamp. This lamp is made from components shaped in the fabricating department and assembled in the assembly department. Information related to the 35,000 desk lamps produced annually follows. Direct materials $260,000 Direct labor Fabricating department (6,000 DLH * $20 per DLH) $120,000 Assembly department (16,400 DLH * $27 per DLH) $442,800 Machine hours Fabricating department 14, 200 MH Assembly department 20,450 MH Expected overhead cost and related data for the two production departments follow. Direct labor hours Machine hours Fabricating Assembly 160,000 DLH 305,000 DLH 155,000 MH 122,000 MH AAA AN 17 HW 6 Help Save & Eart Submit Check my work 2 Ins Direct materials $260,000 Direct labor Fabricating department (6,800 DLH * $20 per DLH) $120,000 Assembly department (16,400 DLH * $27 per DLH) $442,800 Machine hours Fabricating department 14, 200 MH Assembly department 20,450 MH ebook Print Thes Expected overhead cost and related data for the two production departments follow Fabricating Assembly Direct labor 160,000 DLH 305,000 DUH hours Machine hours 155,000 MH 122,000 MH Overhead cost $420,000 $450,000 Required 1. Determine the plantwide overhead rate for Laval using direct labor hours as a base. 2. Determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide Check my 1. Determine the plantwide overhead rate for Laval using direct labor hours as a base. 2. Determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate. 3. Compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department. 4. Use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Required Determine the plantwide overhead rate for Laval using direct labor hours as a base. Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate. Total manufacturing costs Units produced Manufacturing cost per unit Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department. (Round your answers to 2 decimal places.) Departmental overhead rata Fabricating MH Assembly DLH Required Requirea 2 Required 3 Requirea Use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps. Direct labor Overhead per unit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Step: 3

blur-text-image

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

More Books

Students also viewed these Accounting questions

Question

Is there anything else you would like us to know about you?

Answered: 1 week ago

Question

Understand the reasons for engaging consultants

Answered: 1 week ago