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please I need a new and clear answer 2. Departmental Rates Nabors Company gathers the following departmental data for a second year. Two types of
please I need a new and clear answer
2. Departmental Rates Nabors Company gathers the following departmental data for a second year. Two types of stereo units are produced: deluxe and regular. Fabrication Assembly Budgeted overhead $120,000 $60,000 Expected and actual usage direct labor hours): Deluxe 3,000 2.000 Regular 3,000 43,000 6,000 45.000 Fabrication Assembly Expected and actual usage (machine hours): Deluxe 2.000 5,000 Regular 18,000 5.000 20,000 10,000 In addition to the departmental data, the following information is provided: Deluxe Regular Units produced 5,000 50,000 Prime costs $40,000 $300,000 Required 1. Calculate departmental overhead rates, using machine hours for fabrication and direct labor hours for assembly. 2. Calculate the applied overhead by department. 3. Calculate the applied overhead by product. 4. Calculate unit costs Step by Step Solution
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