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

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
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 36,000 desk lamps produced annually follows. Direct naterials $260,000 Direct labor Fabricating departnent (9,500 DER $22 per DT.) Assenbly department (15,200 DTH $22 per DLH) Machine hours Fabricating department Assenbly department $209,000 $334,400 B07.35 14,400 MH 20,750 MH Expected overhead cost and related data for the two production departments follow ences Fabricating 170,000 DI. 169,000 M Assembly 285,000 DLH Direct labor hours Machine hours 133,000 MH Overhead cost $360,000 $455,000 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 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 3 Required 4 Determine the plantwide overhead rate for Laval using direct labor hours as a base. 2 of 7 Fabricating department 14,400 MH 20,750 MH Assembly department Expected overhead cost and related data for the two production departments follow Fabricating 170,000 DIH 169,000 MH Assembly 285,000 DLH 133,000 MH Direct labor hours Machine hours Overhead cost $360,000 $455,000 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 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. Require2 Required 1 Required 3 Required 4 Determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate. Total manufacturing costs Prev 2 of 7 Next Expected overhead cost and related data for the two production departments follow. Fabricating 170,000 DLH 169,000 MH Assembly 285,000 DLH 133,000 MH Direct labor hours Machine hours Overhead cost $360,000 $455,000 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 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 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 rate Fabricating Assembly DLH 2 of 7 wwwm

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

Process Audits And 6 Sigma Excellence To Mitigate Risk And Improve Business Performance

Authors: Mr Indulis Laimonis Svikis

1st Edition

B09M5FPYR4, 979-8769768996

More Books

Students also viewed these Accounting questions