Single plantwide factory overhead rate

Spotted Cow Dairy Company manufactures three products$$whole milk, skim milk, and cream$$in two production departments, Blending and Packing. The factory overhead for Spotted Cow Dairy is $$518,700.$

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

Line Item Description Direct Labor

Hours Machine

Hours

Blending Department

Whole milk $4101,010$

Skim milk $440920$

Cream $350370$

Sub total $1,2002,300$

Packing Department

Whole milk $500610$

Skim milk $800750$

Cream $230240$

Sub total $1,5301,600$

Total $2,7303,900$

Required:

$1.$ Determine the single plantwide factory overhead rate, using each of the following allocation bases: $($a$)$ direct labor hours and $($b$)$ machine hours. If required, round all amounts to the nearest dollar.

Direct labor hour overhead rate fill in the blank $1$ of $2$$

per direct labor hour

Machine hour overhead rate fill in the blank $2$ of $2$$

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.

Line Item Description Whole Milk Skim Milk Cream

Direct labor hours fill in the blank $1$ of $6$$

fill in the blank $2$ of $6$$

fill in the blank $3$ of $6$$

Machine hours fill in the blank $4$ of $6$$

fill in the blank $5$ of $6$$

fill in the blank $6$ of $6$$