Single Plantwide Factory Overhead Rate

Orange 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 Orange County Chrome is $220,800.

The three products consume both machine hours and direct labor hours in the two production departments as follows:

Required:

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 overhead rate	$per direct labor hour
Machine hour overhead rate	$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.

	Automobile Bumpers	Valve Covers	Wheels
Direct labor hours	$	$	$
Machine hours	$	$	$

Assignment Score: 50.00% Assignment: Ch 26 HW mail Intructor Questions ave xit umit Aignment for Grading Problem 26-1A Question 4 of 4 2. Check My Work 3. eBook 4. ProblemSolving Strategy Single Plantwide Factory Overhead Rate Orange 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 Orange County Chrome is $220,800. The three products consume both machine hours and direct labor hours in the two production departments as follows: Required: 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 overhead rate $ per direct labor hour Machine hour overhead rate $ 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. Automobile Bumpers Valve Covers Wheels Direct labor hours $ $ $ Machine hours $ $ $ Check My Work Icon Key Problem 26-1A Question 4 of 4 mail Intructor ave Cengage Learning xit umit Aignment for Grading Cengage Technical Support