Question
QUESTION 17 The Baffin Factory has determined that its budgeted factory overhead budget for the year is $7,750,000. They plan to produce 1,000,000 units. Budgeted
QUESTION 17
The Baffin Factory has determined that its budgeted factory overhead budget for the year is $7,750,000. They plan to produce 1,000,000 units. Budgeted direct labor hours are 525,000 and budgeted machine hours are 375,000. Using the single plantwide factory overhead rate based on direct labor hours, calculate the factory overhead rate for the year.
| a. | $77.50 | |
| b. | $14.76 | |
| c. | $20.67 | |
| d. | $7.75 |
0.2 points
QUESTION 18
The Cunningham Factory has determined that its budgeted factory overhead budget for the year is $6,750,000 and budgeted direct labor hours are 5,000,000. If the actual direct labors for the period are 175,000 how much overhead would be allocated to the period?
| a. | $236,250 | |
| b. | $129,630 | |
| c. | $175,000 | |
| d. | $675,000 |
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