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Single Plantwide Factory Overhead Rate Mozart Music Inc. makes three musical instruments: trumpets, tubas, and trombones. The budgeted factory overhead cost is $119,880. Factory overhead

Single Plantwide Factory Overhead Rate

Mozart Music Inc. makes three musical instruments: trumpets, tubas, and trombones. The budgeted factory overhead cost is $119,880. Factory 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 Trumpets 2,300 units 0.4 Tubas 700 1.4 Trombones 1,300 1.1 If required, round all per unit answers to the nearest cent.

a. Determine the single plantwide factory overhead rate. $fill in the blank 1 per direct labor hour

b. Use the factory overhead rate in (a) to determine the amount of total and per-unit factory overhead allocated to each of the three products. Total Factory Overhead Cost Per Unit Factory Overhead Cost Trumpets $fill in the blank 2 $fill in the blank 3 Tubas fill in the blank 4 fill in the blank 5 Trombones fill in the blank 6 fill in the blank 7 Total

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