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eBook Calculator Single plantwide and Multiple production department factory overhead rate methods and product cost distortion Single Plantwide Method Multiple Production Department Method Single Plantwide Method Shaded chero Instructions The management of Firebolt Industries Inc, manufactures gasoline and diesel engines through two production departments, Fabrication and Assembly Management needs accurate product cost information in order to guide product strategy. Presently, the company uses a single plantwide factory overhead rate for allocating factory overhead to the two products. However, management is considering the multiple production department factory overhead rate method. The following factory overhead was budgeted for Firebot Fabrication Department factory overhead 5550.000.00 A by Deoartrent factory overhead 250,000.00 Direct labor hours were estimated as follows: eBook Calculator Single plantwide and Multiple production department factory overhead rate methods and product cost distortion Single Plantwide Method Multiple Production Department Method Single Plantwide Method Instructions Direct labor hours were estimated as follows: Fabrication Department 5,000 hours Assembly Department 5,000 Total 10,000 hours In addition, the direct labor hours (dih) used to produce a unit of each product in each department were determined from engineering records, as follows: Production Departments Gasoline Engine Diesel Engine Fabrication Department 30 din 20 dh Assembly Department 20 Director hours perunt 500 Single plantwide and Multiple production department factory overhead rate methods and product cost distortion Single Plantwide Method Multiple Production Department Method Single Plantwide Method Instructions In addition, the direct labor hours (dih) used to produce a unit of each product in each department were determined from engineering records, as follows: Production Departments Gasoline Engine Diesel Engine Fabrication Department 3.0 dih 20 dih Assembly Department 20 30 Direct labor hours per unit 5.0 dh 5.0 dth Required: 3. Determine the per-unit factory overhead allocated to the gasoline and diesel engines under the single plan wide factory overhead rate method using direct labor hours as the c a se Determine the perunt factory overhead allocated to the gasoline and dieser angines under the multiple production department factory Overheadrat metros de bor hous e base for each department c ) Recommend to management product costing proach based on your ans in day and 2) Give on for your answer Check My Work eBook Calculator Single plantwide and Multiple production department factory overhead rate methods and product cost distortion Single Plantwide Method Multiple Production Department Method Single Plantwide Method Shaded cells have feedback a. Determine the per-unit factory overhead allocated to the gasoline and diesel engines under the single plantwide factory overhead rate method, using direct labor hours as the activity base Gasoline engine Diesel engine 5378.07 X per unit $378.07 X per unit Points Total budgeted overhead total hours - Rate