Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please help with both 1)compute the plantwide overhead rate using direct labor hours as the base 2)determine the overhead cost assigned to each product line
please help with both
Textra Plastics produces parts for a variety of small machine manufacturers. Most products go through two operations, molding and trimming, before they are ready for packaging. Expected costs and activities for the molding department and for the trimming department for this year follow. Direct labor hours Machine hours Overhead costs Molding 47,008 DLH 34,eee MH $ 7 , Trimming 52, eee DLH 4,100 MH $570,000 Data for two special-order parts to be manufactured by the company in this year follow. Part A270 9, Bee units Part X828 54,500 units Number of units Machine hours Molding Triming Direct labor hours Holding Trimming 5,300 MH 2,600 MH 1,860 M 650 MH 4,500 DLH 900 DLH 2,200 DLH 4,5ee DLH Required: 1. Compute the plantwide overhead rate using direct labor hours as the base 2. Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1. 1. Compute the plantwide overhead rate using direct labor hours as the base. 2. Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the plantwide overhead rate using direct labor hours as the base. Required 2 > 1. Compute the plantwide overhead rate using direct labor hours as the base. 2. Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1. (Round "OH frate to 2 decimal places Part Activity Driver Plantwide OH rate Total Overhead Cost A270 X82B 1)compute the plantwide overhead rate using direct labor hours as the base
2)determine the overhead cost assigned to each product line using the plantwide rate in requirement 1
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started