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Textra Plastics produces parts for a variety of small machine manufacturers. Most products go through two operations, molding and trimming, before they are ready for
Textra Plastics produces parts for a variety of small machine manufacturers. Most products go through two operations, molding and trimming, before they are ready for packaging. Expected costs and activities for the molding department and for the trimming department for this year follow. Direct labor hours Machine hours Overhead costs Molding 47,000 DLH 34,000 MH $820,000 Trimming 52,000 DLH 4,900 M $ 550,000 Data for two special-order parts to be manufactured by the company in this year follow. Part 1270 10,200 units Part X820 55,000 units Number of units Machine hours Molding Trimming Direct Labor hours Molding Trimming 6,000 M 4,400 MH 1,200 MM 1,100 ML 3,500 DLH 700 DLH 2,100 DLH 3,500 DLH Required: 1. Compute the plantwide overhead rate using direct labor hours as the base. 2. Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the plantwide overhead rate using direct labor hours as the base. Required Required 2 > Textra Plastics produces parts for a variety of small machine manufacturers. Most products go through two operations, molding and trimming, before they are ready for packaging. Expected costs and activities for the molding department and for the trimming department for this year follow. Direct labor hours Machine hours Overhead costs Molding 47,000 DLK 34,000 MM $820,000 Trimming 52,000 DLH 4,900 MH $ 550,000 Data for two special-order parts to be manufactured by the company in this year follow. Part 1270 Part X823 10,200 units 55,000 units Number of units Machine hours Molding Trimming Direct Labor hours Molding Trimming 6,000 MM 4,400 MM 1,200 MM 1,100 MH 3,500 DLR 700 DLH 2,100 DLK 3,500 DLH Required: 1. Compute the plantwide overhead rate using direct labor hours as the base. 2. Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1. (Round "OH rate" to 2 decimal places.) Activity Driver Plantwide OH rate Total Overhead Cost Part A27C X82B
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