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Pinnacle Corp. budgeted $261,060 of overhead cost for the current year. Actual overhead costs for the year were $243,760. Pinnacle's plantwide allocation base, machine hours,
Pinnacle Corp. budgeted $261,060 of overhead cost for the current year. Actual overhead costs for the year were $243,760. Pinnacle's plantwide allocation base, machine hours, was budgeted at 45,880 hours. Actual machine hours were 56,400 . A total of 107,990 units was budgeted to be produced and 98,000 units were actually produced. Pinnacle's plantwide factory overhead rate for the current year is: a. $5.31 per machine hour b. \$2.26 per machine hour c. $5.69 per machine hour d. \$2.42 per machine hour Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly. Data for the products and departments are listed below. All of the machine hours take place in the Fabrication department, which has an estimated overhead of $106,800. All of the labor hours take place in the Assembly department, which has an estimated total overhead of $81,800. Ramapo Company uses a single plantwide overhead rate to apply all factory overhead costs based on direct labor hours. The factory overhead allocated per unit of Blinks is a. $42.64 b. $327.22 c. $74.65 d. $19.18 Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below. The activity rate for the materials handling cost pool is a. $69.48 per move b. $18.61 per move c. $65.32 per move d. $160.8 per move
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