Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Multiple Production Department Factory Overhead Rates The total factory overhead for Bardot Marine Company is budgeted for the year at $810,875, divided into two departments:

image text in transcribed

Multiple Production Department Factory Overhead Rates The total factory overhead for Bardot Marine Company is budgeted for the year at $810,875, divided into two departments: Fabrication, $453,375, and Assembly, $357,500 Bardot Marine manufactures two types of boats: speedboats and bass boats. The speedboats require one direct labor hour in Fabrication and four direct labor hours in Assembly. The bass boats require two direct labor hours in Fabrication and one direct labor hour in Assembly. Each product is budgeted for 6,500 units of production for the year. If required, round all per unit answers to the nearest cent. a. Determine the total number of budgeted direct labor hours for the year in each department. Fabrication X direct labor hours Assembly direct labor hours b. Determine the departmental factory overhead rates for both departments. $ per dih Fabrication Assembly per dih c. Determine the factory overhead allocated per unit for each product using the department factory overhead allocation rates. per unit Speedboat: Bass boat: $ $ 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

Cost Accounting Theory And Practice

Authors: Bhabatosh Banerjee

13th Edition

9788120349087

More Books

Students also viewed these Accounting questions