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Orange County Chrome Company manufactures three chrome-plated productsautomobile bumpers, valve covers, and wheels. These products are manufactured in two production departments (Stamping and Plating). The

Orange County Chrome Company manufactures three chrome-plated productsautomobile bumpers, valve covers, and wheels. These products are manufactured in two production departments (Stamping and Plating). The factory overhead for Orange County Chrome is $223,000.

The three products consume both machine hours and direct labor hours in the two production departments as follows:

Direct Labor Hours Machine Hours
Stamping Department
Automobile bumpers 563 799
Valve covers 305 564
Wheels 341 601
1,209 1,964
Plating Department
Automobile bumpers 172 1,169
Valve covers 178 713
Wheels 177 765
527 2,647
Total 1,736 4,611

1. Determine the single plantwide factory overhead rate, using each of the following allocation bases: (a) direct labor hours and (b) machine hours. Round your answers to two decimal places.

Direct labor overhead rate: 128.46 per direct labor hour
Machine hour overhead rate: 48.36 per machine hour

2. Determine the product factory overhead costs, using (a) the direct labor hour plantwide factory overhead rate and (b) the machine hour plantwide factory overhead rate. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries.

1. Automobile Bumpers

Valve Covers

Wheels

2

Direct Labor Hours $ ? $? $?

3

Machine Hours $? $? $?

Calculate for each product:

(a) Allocation-base usage for both departments x Rate from Req. 1(a) = Direct labor hour allocated overhead

(b) Allocation-base usage for both departments x Rate from Req. 1(b) = Machine hour allocated overhead

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