omet Corporation produces two different products:Silver and Gold.Expected production of Silver for the year is 20,000 units and expected production of Gold for the year is 10,000 units.The additional following information is available:

Budgeted Overhead Costs:Receiving$2,664,000Assembling3,114,000Machining333,500Testing76,000Total Overhead Costs$6,187,500Direct Labor Hours:Silver46,200Gold78,800Total Direct Labor Hours125,000Pounds (the cost driver for Receiving):Silver412,000Gold328,000Total Pounds740,000Number of Parts (the cost driver for Assembling):Silver64,000Gold26,000Total Number of Parts90,000Machine Hours (the cost driver for Machining):Silver14,200Gold8,800Total Machine Hours23,000Number of Tests (the cost driver for Testing):Silver300Gold500Total Number of Tests800

Part A:

If a single plant-wide rate based ondirect labor hoursis used, compute the following amounts:

1. The plant-wide overhead rate isper direct labor hour.
2. The overhead costs applied to the Silver product line are
3. The total overhead costs applied to the Gold product line are
4. The per unit overhead cost for the Silver product line is
5. The per unit overhead cost for the Gold product line is

Part B:

If activity based costing is used, compute the following amounts:

1. The overhead rate for
2. Receivingperpound.
3. Assemblingperpart.
4. Machiningpermachine hour.
5. Testingpertest.
6. The overhead costs applied to the Silver product line:
7. Receiving
8. Assembling
9. Machining
10. Testing
11. Total Overhead Costs Assigned to the Silver product line are
12. The overhead costs applied to the Gold product line:
13. Receiving
14. Assembling
15. Machining
16. Testing
17. Total Overhead Costs Assigned to the Gold product line are
18. The per unit overhead cost for the Silver product line is
19. The per unit overhead cost for the Gold product line is