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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 production

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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 production departments (Stamping and Platina). The factory overhead for winnett County Chrome is $239,200, The three products consume both machine hours and direct labor hours in the two production departments as follows: Direct tabor Hours Machine Hours 590 310 Stamping Department Automobile bumpers Valve covers Wheels 310 570 350 620 1.250 2.000 Plating Department Automode bumpers Valve cover Wheels 195 200 1,150 700 750 195 500 2.600 Total 1.840 4,000 Required: 1. Determine the single plante de factory overhead rate using each of the following allocations bases: (a) direct labor hours and machine hours Direct labor hoe overhead rate per direct labor hour Stamping Department Automobile bumpers Valve covers 500 810 310 570 Wheels 350 620 1.250 2,000 Plating Department Automobile bumpers 195 1.150 Valve covers 200 700 Wheels 195 750 590 2.600 Total 1.840 4,600 Required: 1. Determine the single plantwide factory overhead rate, using each of the following allocation base a direct labor hours and (b) machine hours Direct labor hour overhead rate per direct labor hour Machine hour overhead rate por machine hour 2. Determine the product factory overhead costs, using the direct labor hour plantwide factory overhead rate and (b) the machine hour plantwide factory overhead rate Automobile Bumpers Valve Covers Wheels Direct labochours Machine hours

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