need help with exercise 1 parts 1-3

Exercise Oro Company has two departments with the following production data. It has historically used a single-plant-wide overhead rate based on direct labor cost Welding Fabrication Manufacturing overhead cos $ 120,000 $ 180,000 Direct labor cost $ 25,000 $ 6,250 Direct labor hours 2,500 625 Machine hours 100 2,000 a) Single Plant-Wide Overhead Rate Compute departmental overhead rates. Assume welding applies overhead using direct labor hours and fabrication using machine hours. b) Departmental Overhead Rate - Welding per DL hr c) Departmental Overhead Rate-Fabrication per mach. He Exercise Loco Company sells 2 products (standard & deluxe) and it identifies the following overhead costs, activities, and drivers for 2011 Expected Expected Activity Cost Activity Driver Handling materials $12,000 1250 Parts Storing materials $3,000 2,500 Square feet Inspecting product $24,000 500 Batches Purchasing $30,000 1.250 Purchase orders Insuring the factory $6,000 12,500 Square feet Cleaning workspace $3,000 12,500 Square feet 1.250 Machine hours Total overhead cost $87,000 Estimated production data for the two products is as follows: Standard Deluxe Volume (in units) 15,000 5,000 Parts 750 500 Storage space used L 1,750 750 Batches made Purchase orders 875 375 Workspace used 10,000 2,500 Machine hours 500 750 Caloulate the following ABC overhead rates (round to the a) ABC Rate - Handling per part b) ABC Rate - Storing per sq.ft c) ABC Rate - Inspecting per batch d) ABC Rate - Purchasing per PO e) ABC Rate - Insurance per sq.ft A ABC Rate - Cleaning per sq.ft g) ABC Rate - Utilities per mach he Standard Deluxe h) Handling costs assigned i Storage costs assigned Inspecting costs assigned k) Purchasing costs assigned D Insurance costs assigned m) Cleaning costs assigned n) Utility costs assigned o) Total overhead Standard Deluxe p] Overhead cost per unit Exercise Use the information from exercise 2. but assume Loco uses a single plant-wide overhead rate based on machine hours. a) Single plant-wide rate per mach, hr. Standard Deluxe b) Total overhead assigned c) Overhead cost per unit