Saved Help Save Quiz Chapter (5 pts) 5 Required information The following information applies to the questions displayed below.) ABC Company produces bread which goes through two operations, mixing and baking, before it is ready to be packaged, Next year's expected costs and activities are shown below. of 2 Direct labor hours Machine hours Overhead costs Mixing 409,000 DLH 809,000 MH $613,500 Baking 89,000 DLH 809,000 MH $409,000 Compute ABC's departmental overhead allocation rate for the mixing department based on machine hours. Multiple Choice $4.60 per MH. $0.76 per MH. $1.50 per MH. 6 ABC Company uses a plantwide overhead rate with machine hours as the allocation base. Next year, 610,000 units are expected to be produced with each unit requiring 0.70 machine hours. Other estimates are as follows: Estimated : Manufacturing overhead costs Direct labor hours Machine hours Department 1 $3,109,500 151,000 DLH 251,000 MH Department 2 $1,523,000 251,000 DLH 176,000 MH 57 nts 00:25:38 Use the above information to determine how much overhead should be applied to each unit next year, Multiple Choice $6.14 per unit $7.59 per unit $12.39 per unit Saved Help Ch 17 Quiz Chapter (5 pts) 7 ABC Company estimates the following for next year: $4,900,000 for indirect labor $1,000,000 for factory utilities. Machine hours will be the best overhead allocation base. 100,000 machine hours will be used in production, 34 What should ABC use as its plantwide overhead rate? (Round your answer to two decimal places.) ES 00 25.10 Multiple Choice $10.00 per machine hour. $0.02 per machine hour. O $0.10 per machine hour. $48.66 per machine hour, Ch 17 Quiz Chapter (5 pts) 8 ABC Company estimates the following for next year: $3,200,000 for indirect labor $820,000 for factory utilities. Direct labor hours will be the best overhead allocation base. 120,000 direct labor hours will be used in production 0.34 points What should ABC use as its plantwide overhead rate? (Round your answer to two decimal places.) 8 00 25.05 Multiple Choice $0.15 per direct labor hour. O $26.67 per direct labor hour. $0.03 per direct labor hour. $6.83 per direct labor hour