Single plantwide factory overhead rate

Bach Instruments Inc. makes three musical instruments: flutes, clarinets, and oboes. The budgeted factory overhead cost is $119,520. 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 VolumeDirect Labor Hours Per Unit

Flutes1,800units0.6

Clarinets500 1.6

Oboes1,200 1.2

If required, round all per unit answers to the nearest cent.

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.

Total

Factory Overhead CostPer 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

Single plantwide factory overhead rate Bach Instruments Inc. makes three musical Instruments: flutes, clarinets, and oboes. The budgeted factory overhead cost is $119,520. 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 Direct Labor Hours Per Volume Unit Flutes 1,800 units 0.6 Clarinets 500 1.6 Oboes 1,200 1.2 If required, round all per unit answers to the nearest cent. . Determine the single plantwide overhead rate, per direct labor hour . Use the overhead rate in (a) to determine the amount of total and per-unit overhead allocated to each of the three products, Total Per Unit Factory Overhead Cost Factory Overhead Cost Flute Clarinets Oboes Total