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Required Information [The following information applies to the questions displayed below.] Tent Master produces Pup tents and Pop-up tents. The company budgets $348,000 of overhead
Required Information [The following information applies to the questions displayed below.] Tent Master produces Pup tents and Pop-up tents. The company budgets $348,000 of overhead cost and 58,000 direct labor hours. Additional information follows. Per Unit Pup tent Pop-up tent Selling Price $ 82 Direct Materials $21 Direct Labor $ 45 77 26 31 Required: 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 58,000 direct labor hours. 2. Pup tents use 3 direct labor hours (DLH) per unit and Pop-up tents use 2 direct labor hours per unit. Compute the overhead cost per unit for each product. 3. Compute the product cost per unit for each product. 4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 58,000 direct labor hours. Numerator Denominator Total budgeted overhead cost Total budgeted direct labor hours Repkes $ 348,000 $ 58,000 6 per direct labor hour Required 2 > Pup tent Pop-up tent DELING Pracu $ 82 77 VITUCE PRIESTERADE $ 21 VATNSELUVE $45 26 31 Required: 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 58,000 direct labor hours. 2. Pup tents use 3 direct labor hours (DLH) per unit and Pop-up tents use 2 direct labor hours per unit. Compute the overhead cost per unit for each product. 3. Compute the product cost per unit for each product. 4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Pup tents use 3 direct labor hours (DLH) per unit and Pop-up tents use 2 direct labor hours per unit. Compute the overhead cost per unit for each product. Plantwide Overhead Pup tent Pop-up tent Rate 3per DLH Direct Labor Hours per Unit Overhead Cost per Unit 6DLH per unit 18 per unit 2 per DLH 6DLH per unit 12 per unit Per Unit Pup tent Pop-up tent Selling Price Direct Materials $ 82 77 $ 21 Direct Labor $ 45 26 31 Required: 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 58,000 direct labor hours. 2. Pup tents use 3 direct labor hours (DLH) per unit and Pop-up tents use 2 direct labor hours per unit. Compute the overhead cost per unit for each product. 3. Compute the product cost per unit for each product. 4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the product cost per unit for each product. Overhead Per Unit Direct Materials Direct Labor Cost per Unit Product Cost per Unit Pup tent $ 21 $ 45 Pop-up tent 26 31 Per unit Pup tent Pop-up tent Selling Price $ 82 77 Direct Materiais $ 21 26 Direct Labor $ 45 31 Required: 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 58,000 direct labor hours. 2. Pup tents use 3 direct labor hours (DLH) per unit and Pop-up tents use 2 direct labor hours per unit. Compute the overhead cost per unit for each product. 3. Compute the product cost per unit for each product. 4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 31 Required 4 For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). (Enter any product costs in excess of selling prices as negative values.) Per Unit Pup tent Pop-up tent Selling Price Product Cost 82 77 Gross Profit
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