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Single plantwide factory overhead rate Gwinnett County Chrome Company manufactures three chrome - plated products - automobile bumpers, valve covers, and wheels. These products are
Single plantwide factory overhead rate
Gwinnett County Chrome Company manufactures three chromeplated productsautomobile bumpers, valve covers, and wheels. These products are manufactured in two production departments Stamping and Plating The factory overhead for Gwinnett County Chrome is $
The three products consume both machine hours and direct labor hours in the two production departments as follows:
Direct Labor Machine
Hours
Hours
Stamping Department
tableAutomobile bumpers,Valve covers,Wheels
Plating Department
Plating Department
table
Determine the single plantwide factory overhead rate, using each of the following allocation bases: a direct labor hours and b machine hours.
Direct labor hour overhead rate $
per direct labor hour
Machine hour overhead rate $
per machine hour
Determine the product factory overhead costs, using a the direct labor hour plantwide factory overhead rate and b the machine hour plantwide factory overhead rate.
Automobile Bumpers Valve Covers Wheels
Direct labor hours
Machine hours
table$$$
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