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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 $114,000. Factory
Single Plantwide Factory Overhead Rate Mozart Music Inc. makes three musical instruments: trumpets, tubas, and trombones. The budgeted factory overhead cost is $114,000. 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 Trumpets 2,900 units Tubas 600 Trombones 1,400 Direct Labor Hours Per Unit 0.4 1.6 1.2 If required, round all per unit answers to the nearest cent. a. Determine the single plantwide factory overhead rate. 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. Per Unit Total Factory Overhead Cost Factory Overhead Cost Trumpets Tubas Trombones Total
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