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Required Information Use the following information for the Problems below. (Algo) [The following information applies to the questions displayed below.] Tent Master produces Pup

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Required Information Use the following information for the Problems below. (Algo) [The following information applies to the questions displayed below.] Tent Master produces Pup tents and Pop-up tents. The company budgets $301,000 of overhead costs and 43,000 direct labor hours for this year. Additional information follows. Per Unit Pup tent Pop-up tent Selling Price $ 80 75 Direct Materials $ 21 22 Direct Labor $ 46 28 Problem C-2A (Algo) Pricing analysis with plantwide overhead rate LO P1 Required: 1. Compute a single plantwide overhead rate assuming the company allocates overhead based on 43,000 direct labor hours. 2. Pup tents require 3 direct labor hours per unit and Pop-up tents require 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 selling price per unit minus the product cost per unit. 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 based on 43,000 direct labor hours. Select Numerator Select Denominator Total budgeted overhead cost Total budgeted direct labor hours 43,000 < Required 1 Required 2 >

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