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Tent Master produces Pup tents and Pop-up tents. The company budgets $295,000 of overhead cost and 59,000 direct labor hours. Additional information follows. Required information

Tent Master produces Pup tents and Pop-up tents. The company budgets $295,000 of overhead cost and 59,000 direct labor hours. Additional information follows.
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Required information The following information applies to the questions displayed below.) Tent Master produces Pup tents and Pop-up tents. The company budgets $295,000 of overhead cost and 59,000 direct labor hours. Additional information follows. Per Unit Selling Price Direct Materials Direct Labor Pup tent $ 74 Pop-up tent 69 23 27 $ 20 $ 43 Required: 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 59,000 direct labor hours. 2. Pup tents use 3 direct labor hours (DLH) per unit and Pop-up tents use 2 direct labor hours per unit. Compute the overhead cost per unit for each product 3. Compute the product cost per unit for each product. 4. For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). Complete this question by entering your answers in the tabs below. Required 4 Required 1 Required 2 Required 3 Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 59,000 direct labor hours. Numerator Denominator RO Required 2 > Required 1 Required 2 Required 3 Required 4 Pup tents use 3 direct labor hours (DLH) per unit and Pop-up tents use 2 direct labor hours per unit. Compute the overhead cost per unit for each product. Plantwide Overhead Rate Direct Labor Hours per Unit Overhead Cost per Unit Pup tent per unit Pop-up tent per unit Required 1 Required 2 Required 3 Required 4 Compute the product cost per unit for each product. Per Unit Pup tent Pop-up tent Direct Direct Labor Overhead Cost Product Cost Materials per Unit per Unit $ 20 $ 43 23 27 Required 1 Required 2 Required 3 Required 4 For each product, compute the gross profit per unit (selling price per unit minus the product cost per unit). (Enter any product costs in excess of seling prices as negative values.) Per Unit Selling Price Product Cost Gross Profit Pup tent $ 74 Pop-up tent 69

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