Number of Product Labor hrs Machine hours per unit units per unit Blinks 1,000 4 5 2 8 Dinks 2,000 All of the machine hours take place in the Fabrication department, which has an estimated overhead of $84,000. All of the labor hours take place in the Assembly department, which has an estimated total overhead of $72,000. The Ramapo Company uses a single overhead rate to apply all overhead costs based on labor hours. What is the overhead cost per unit for Blinks? a) $78.00 b) $19.50 c) $56.00 d) $37.45 Question 50 (1 point) determined that its budgeted factory overhead budget for the year is $15.500,000. They plasto sted direct labor hours are 1,050,000 and budgeted machine hours are 750,000. Ling Question 50 (1 point) The Roget Factory has determined that its budgeted factory overhead budget for the year is $15,500,000. They plan to produce 2,000,000 units. Budgeted direct labor hours are 1,050,000 and budgeted machine hours are 750,000. Using the single plantwide factory overhead rate based on direct labor hours, calculate the factory overhead rate for the year. a) $77.50 b) $14.76 c) $7.75 d) $20.67 Question 51 (1 point) allocation bases are direct material dollars