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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 manufactured in two
Single plantwide factory overhead rate Gwinnett County Chrome Company manufactures three chrome-plated products-automobile bumpers, valve covers, and wheels. These products are manufactured in two production departments (Stamping and Plating). The factory overhead for Gwinnett County Chrome is $239,200. The three products consume both machine hours and direct labor hours in the two production departments as follows: Stamping Department Automobile bumpers Direct Labor Hours Machine Hours 590 8101 Valve covers Wheels 310 570 350 620 1,250 2,000 Plating Department Plating Department 195 1,1501 Valve covers 200 700 Wheels 195 750 590 2,600 1,840 4,600 Total 1. Determine the single plantwide factory overhead rate, using each of the following allocation bases: (a) direct labor hours and (b) machine hours. Automooire Dampers 590 Valve covers 310 570 Wheels 350 620 1,250 2,000 Plating Department Plating Department 195 1,150 Valve covers 200 700 Wheels 195 750 590 2,600 Total 1,840 4,600 1. 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 : Machine hour overhead rate : per direct labor hour per machine hour 2. 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. Direct labor hours Machine hours Automobile Bumpers Valve Covers Wheels,
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