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Tableau DA 17-1 (Static): Quick Study, Computing plantwide overhead rates LO P1 Chrom Company manufactures two models, the XL and RD. It also has two
Tableau DA 17-1 (Static): Quick Study, Computing plantwide overhead rates LO P1 Chrom Company manufactures two models, the XL and RD. It also has two departments, Assembly and Finishing. The company wants to assign budgeted overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis. Budgeted Overhead Costs by Budgeted Direct Labor Hours & Department Machine Hours by Department 150,000 h... 125,000 h... - o 100,000 h... (- Finishing Total: 75,000 hrs |- $8,000,000 50,000 hrs - Assembly 25,000 hrs - Finishing Finishing Direct Labor Hours Machine Hours Budgeted Overhead Costs by Cost Driver & Budgeted Usage Activity by Activity Supervision Maintenance e A Supervision Total: $8,000,000 Maintenance Note: Total overhead costs by department and total overhead costs by activity are equal. The costs are presented in two different ways here. 1. Using data from the upper half of the dashboard, compute the company's single plantwide overhead rate based on direct labor hours. 2. Using data from the upper half of the dashboard, compute the company's single plantwide overhead rate based on machine hours
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