Please help, I cannot figure this out.
Instructions Single Plantwide Method Multiple Production Department Method Final Questions Instructions The management of Firebot Industries he manufactures gasoline and diesel engines through two producion departments, Fabrication and Assembly. Management needs accurate produd cost information in order to guide produd strategy. Presenty, the company uses a single plantwide factory overhead rate for allocating fadery overhead to the two products. However, management is considering the multiple production department factory overhead rate method. The following factory overhead was budgeted for Firebot 1 Fabrication Department factory overhead 5561.600.00 1 Assembly Department factory overhead 24450000 Dired labor hours were estimated as follows: Fabrication Department 4800 hours Assembly Department 5250 Total 10,050 hours In addition, the dired labor hours (dh used to produce a unit of each produd in each department were determined from engineering records, as folows: In addition, the direct labor hours (dih) used to produce a unit of each product in each department were determined from engineering records, as follows: Production Departments Gasoline Engine Diesel Engine Fabrication Department 3.1 dlh 1 .8 dlh Assembly Department 1.8 3.1 Direct labor hours per unit 4.9 dlh 4.9 dih Required: a. Determine the per-unit factory overhead allocated to the gasoline and diesel engines under the single plantwide factory overhead rate method, using direct labor hours as the activity base.* b. Determine the per-unit factory overhead allocated to the gasoline and diesel engines under the multiple production department factory overhead rate method, using direct labor hours as the activity base for each department* C. (1) Recommend to management a product costing approach, based on your analyses in (a) and (b). (2) Give a reason for your answer. *if required, round all per-unit answers to the nearest cent. Single Plantwide Method Shaded cells have feedback a. Determine the per-unit factory overhead allocated to the gasoline and diesel engines under the single plantwide factory overhead rate method, using direct labor hours as the activity base. If required, round all per-direct labor hours and per-unit answers to the nearest cent. Gasoline engine Diesel engine $3,748.00 X per unit $1,763.00 X per unit Points: 012 Feedback Check My Work Total budgeted overhead = total hours = Rate Product costs = Rate x Labor hours for each product Instructions Single Plantwide Method Multiple Production Department Method Final Questions Instructions The management of Firebot Industries he manufactures gasoline and diesel engines through two producion departments, Fabrication and Assembly. Management needs accurate produd cost information in order to guide produd strategy. Presenty, the company uses a single plantwide factory overhead rate for allocating fadery overhead to the two products. However, management is considering the multiple production department factory overhead rate method. The following factory overhead was budgeted for Firebot 1 Fabrication Department factory overhead 5561.600.00 1 Assembly Department factory overhead 24450000 Dired labor hours were estimated as follows: Fabrication Department 4800 hours Assembly Department 5250 Total 10,050 hours In addition, the dired labor hours (dh used to produce a unit of each produd in each department were determined from engineering records, as folows: In addition, the direct labor hours (dih) used to produce a unit of each product in each department were determined from engineering records, as follows: Production Departments Gasoline Engine Diesel Engine Fabrication Department 3.1 dlh 1 .8 dlh Assembly Department 1.8 3.1 Direct labor hours per unit 4.9 dlh 4.9 dih Required: a. Determine the per-unit factory overhead allocated to the gasoline and diesel engines under the single plantwide factory overhead rate method, using direct labor hours as the activity base.* b. Determine the per-unit factory overhead allocated to the gasoline and diesel engines under the multiple production department factory overhead rate method, using direct labor hours as the activity base for each department* C. (1) Recommend to management a product costing approach, based on your analyses in (a) and (b). (2) Give a reason for your answer. *if required, round all per-unit answers to the nearest cent. Single Plantwide Method Shaded cells have feedback a. Determine the per-unit factory overhead allocated to the gasoline and diesel engines under the single plantwide factory overhead rate method, using direct labor hours as the activity base. If required, round all per-direct labor hours and per-unit answers to the nearest cent. Gasoline engine Diesel engine $3,748.00 X per unit $1,763.00 X per unit Points: 012 Feedback Check My Work Total budgeted overhead = total hours = Rate Product costs = Rate x Labor hours for each product
