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Mulejple production department factory overhead rate method: Spieiman Leather, Inc, produces three sizes of sports gloves: small, medium, and large. A glove partern is finst
Mulejple production department factory overhead rate method: Spieiman Leather, Inc, produces three sizes of sports gloves: small, medium, and large. A glove partern is finst stenciled onto leather in the Patterm Department. The stencied potterns are then sent to the Cut and Sew Department, where the glove is cut and sewed together, Speiman Leather uses the muluple production department factory overhead rate method of allocating factory overhead costs. Its foctory overheas costs were budgeted as follows: The direct labor estimated for each production oepartment was as follows: Direct labor hours are used to allocate the production department overnead to the products. The direct laboe hours per unit for each preduct for each production department were obtained from the engineering records as follows: If required, round all per unit answers to the nearest cent. a. Determine the two Droduction deportroent factocy overnead rates. Pactern department 5 per ain Cut and Sen department per dih b. Use the two production depstment factory overhead rates to determine ve factery owernedd per unit far each product. Direct labor hours are used to allocate the production department overthead to the products. The direct laber hours per unit for each product for each production department were obtained from the engineering records as follows: If required, round all per unit answers to the nearest cent. a. Determine the two production department foctory everhaod rates Pattern departments per on Cut and Sew departments per alh b. Use the two production department factocy overhead rates to determine the factory averhead per unt for each product. Fenthex a. Cakculate production deportmens foctory overtiead rate for each department: Total Factory Ovecheod + Direct Labor Houn = Froduction Department Factory Oveifeas Rate b. Calculate factody overhesd per unt for each product: tar each product unit. 1 more Check Mly Wok, uses remaniro
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