Problem 12-18A (Algo) Allocation to accomplish smoothing LO 12-1, 12-2, 12-3 Thornton Corporation estimated its overhead costs would be $22,700 per month except for January when it pays the $158 250 annual insurance premium on the manufacturing facility. Accordingly, the January overhead costs were expected to be $180.950 ($158.250+ $22,700). The company expected to use 7.400 direct labor hours per month except during July August, and September when the company expected 9,700 hours of direct labor each month to build inventories for high demand that normally occurs during the Christmas season. The company's actual direct labor hours were the same as the estimated hours. The company made 3.700 units of product in each month except July, August, and September, in which it produced 4.850 units each month Direct labor costs were $24.40 per unit, and direct materials costs were $11.70 per unit Required a. Calculate a predetermined overhead rate based on direct labor hours b. Determine the total allocated overhead cost for January March, and August c. Determine the cost per unit of product for January, March, and August d. Determine the selling price for the product, assuming that the company desires to earn a gross margin of $2190 per unit Complete this question by entering your answers in the tabs below. Reg A Reg B to D Calculate a predetermined overhead rate based on direct labor hours, (Round your answer to 2 decimal places.) Predetermined overhead rate per labor hour RA Req B to D > Problem 12-10A (Algo) Allocation to accomplish smoothing LO 12-1, 12-2, 12-3 Thornton Corporation times overhead couts would be $22.00 per month except for January when it pays the 515.250 guarance premium on the manufacturing facity. Accordingly the January overhead costs were expected to be 180950515200 company expected 9700 hour of decor each month to build inventores for high end that nowoccus auring the Christmas season The companyadorect labor hours were the same as the estimadou The company made 1.700 und product in each month excepe y Agus and me in which producers each month Odbor costs were $2440 per unit and drect materials costs were 110 per unit Required Caleate a bredetermined overhead based on due bor hours Determine the total located overhead cout for January Marchand August c. Determine the cost per unit of product for January March, and August d. Determine the selling price for the product, assuming that the comes to earn a gross margin of 100 per un Complete this question by entering your wwers in the tabs below. RA He to Determine the tocated head com, the cost per un product and the price for the product for Hand Magus. Me that the company eres to sam gromt mun 21 so per rendere todo o per and into 2 decimal pound your totalt th Show less Toated whead Costa CA
