Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The total factory overhead for Bardot Marine Company is budgeted for the year at $1,406,400, divided into four activities: fabrication, $666,000; assembly, $252,000; setup, $266,400;

The total factory overhead for Bardot Marine Company is budgeted for the year at $1,406,400, divided into four activities: fabrication, $666,000; assembly, $252,000; setup, $266,400; and inspection, $222,000. Bardot Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows: Fabrication Assembly Setup Inspection Speedboat 9,250 dlh 27,000 dlh 67 setups 116 inspections Bass boat 27,750 9,000 488 809 37,000 dlh 36,000 dlh 555 setups 925 inspections Each product is budgeted for 4,000 units of production for the year. a. Determine the activity rates for each activity. Fabrication $fill in the blank 1 18 per direct labor hour Assembly $fill in the blank 2 7 per direct labor hour Setup $fill in the blank 3 480 per setup Inspection $fill in the blank 4 240 per inspection b. Determine the activity-based factory overhead per unit for each product. Round to the nearest whole dollar. Speedboat $fill in the blank 5 per unit Bass boat $fill in the blank 6 per unit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions