Single Plantwide Factory Overhead Rate

Bach Instruments Inc. makes three musical instruments: flutes, clarinets, and oboes. The budgeted factory overhead cost is $$2,948,125.$ Overhead is allocated to the three products on the basis of direct labor hours. The products have the following budgeted production volume and direct labor hours per unit:

Budgeted Production Volume Direct Labor Hours Per Unit

Flutes $2,000$ units $2\mathrm{.}0$

Clarinets $1,5003\mathrm{.}0$

Oboes $1,7501\mathrm{.}5$

a$.$ Determine the single plantwide overhead rate.

$fill in the blank $1$

per direct labor hour

b$.$ Use the overhead rate in $($a$)$ to determine the amount of total and per$-$unit overhead allocated to each of the three products, rounded to the nearest dollar.

Total

Factory Overhead Cost Per Unit

Factory Overhead Cost

Flutes $fill in the blank $2$

$fill in the blank $3$

Clarinets fill in the blank $4$

fill in the blank $5$

Oboes fill in the blank $6$

fill in the blank $7$

Total $fill in the blank $8$