Roadster Company (RC) designs, manufactures, and sells automotive parts. Actual variable manufacturing overhead costs for 2022 were $307,800. RC's simple costing system allocates variable manufacturing overhead to its three customers based on machine-hours and prices its contracts based on full costs. One of its customers has regularly complained of being charged non-competitive prices, so RC's controller, Matthew Donahue, realizes that it is time to examine the consumption of resources more closely. RC has three main operating departments: design, engineering, and production. (Click the icon to view a brief description of the three operating departments.) Interviews with the department personnel and examination of time records yield the following detailed information. (Click the icon to view the cost drivers information.) Required Requirement 1. Using the simple costing system, compute the plantwide variable manufacturing overhead rate for 2022 and the variable manufacturing overhead allocated to each customer in 2022. Determine the formula needed to calculate overhead using the simple costing method and then calculate RC's variable manufacturing overhead rate for 2022 (Round your answer to the nearest cent.) Variable overhead rate-Simple costing per machine-hour = Roadster Company (RC) designs, manufactures, and sells automotive parts. Actual variable manufacturing overhead costs for 2022 were $307,800. RC's simple costing system allocates variable manufacturing overhead to its three customers based on machine-hours and prices its contracts based on full costs. One of its customers has regularly complained of being charged non-competitive prices, so RC's controller, Matthew Donahue, realizes that it is time to examine the consumption of resources more closely. RC has three main operating departments: design, engineering, and production. (Click the icon to view a brief description of the three operating departments.) Interviews with the department personnel and examination of time records yield the following detailed information BE: (Click the icon to view the cost drivers information.) Required - Requirement 1. Using the sim allocated to each customer in Operating departments ble manufacturing overhead overhead rate for 2022 Determine the formula needed (Round your answer to the ne Designthe design of parts, using state-of-the-art, computer-aided design (CAD) equipment Engineeringthe prototyping of parts and testing of their specifications. Productionthe manufacture of parts. Print Done Roadster Company (RC) designs, manufactures, and sells automotive parts. Actual variable manufacturing overhead costs for 2022 were $307,800. RC's simple costing system allocates variable manufacturing overhead to its three customers based on machine-hours and prices its contracts based on full costs. One of its customers has regularly complained of being charged non-competitive prices, so RC's controller, Matthew Donahue, realizes that it is time to examine the consumption of resources more closely. RC has three main operating departments: design, engineering, and production. (Click the icon to view a brief description of the three operating departments.) Interviews with the department personnel and examination of time records yield the following detailed information. (Click the icon to view the cost drivers information.) Required Cost drivers information Requirement 1. Using the allocated to each custome hanufacturing overhead head rate for 2022 Determine the formula ne (Round your answer to th Variable Department Cost Driver MOH in 2022 Design CAD design-hours $ 39.000 Engineering Engineering-hours 33,200 235,600 Production Machine-hours $ 307,800 Total Use of Cost Drivers by Customer Pacific Anthony Juniper Motors Motors Motors 95 195 85 65 50 217 150 2,550 1,100 Print Done Roadster Company (RC) designs, manufactures, and sells automotive parts. Actual variable manufacturing overhead costs for 2022 were $307,800. RC's simple costing system allocates variable manutostudios svadbad to it to sustomerbood as mabisa bansandariosito contrasta based on full costs. One of its customers has regularly con e to examine the X consumption of resources m Required (Click the icon to view a Interviews with the departme (Click the icon to view th 1. Using the simple costing system, compute the plantwide variable manufacturing Required overhead rate for 2022 and the variable manufacturing overhead allocated to each contract in 2022 2. Compute the variable manufacturing overhead rate for 2022 and the variable Requirement 1. Using the manufacturing overhead allocated to each contract in 2022 using allocated to each customer department-based variable overhead rates. manufacturing overhead
