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Tent Master produces Pup tents and Pop-up tents. The company budgets $252,000 of overhead costs and 42,000 direct labor hours for this year. Additional
Tent Master produces Pup tents and Pop-up tents. The company budgets $252,000 of overhead costs and 42,000 direct labor hours for this year. Additional information follows. Per Unit Pup tent Pop-up tent Selling Price Direct Materials $ 20 25 $ 78 73 Direct Labor $ 45 30 Required: 1. Compute a single plantwide overhead rate assuming the company allocates overhead based on 42,000 direct labor hours. 2. Pup tents require 3 direct labor hours per unit and Pop-up tents require 2 direct labor hours per unit. Compute the overhead cos per unit for each product. 3. Compute the product cost per unit for each product. 4. For each product, compute the selling price per unit minus the product cost per unit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute a single plantwide overhead rate assuming the company allocates overhead based on 42,000 direct labor hours. Select Numerator Select Denominator Required 1 Required 2 >
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