Single plantwide factory overhead rate

Platzer Instruments Inc. makes three musical instruments: flutes, clarinets, and oboes. The budgeted factory overhead cost is $$103,680.$ 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

$\backslash$table$[[,$Volume,Hours Per Unit$],[$Flutes$,2,000$ units,$0\mathrm{.}5],[$Clarinets$,500,1\mathrm{.}4],[$Oboes$,1,400,1\mathrm{.}1]]$

If required, round all per unit answers to the nearest cent.

a$.$ Determine the single plantwide overhead rate.

per direct labor hour

b$.$ Use the overhead rate in $($a$)$ to determine the amount of total and per$-$unit overhead allocated to each of the three products,

Total

Per Unit

$\backslash$table$[[,$Factory Overhead,Cost,Factory Overhead$],[$Flutes$,,x,$$