Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The total factory overhead for Bardot Marine Company is budgeted for the year at $1,800,200, divided into four activities: fabrication, $924,000; assembly, $368,000; setup, $277,200;
The total factory overhead for Bardot Marine Company is budgeted for the year at $1,800,200, divided into four activities: fabrication, $924,000; assembly, $368,000; setup, $277,200; and inspection, $231,000. 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 11,000 din 34,500 dih 79 setups 138 inspections Bass boat 33,000 11,500 581 962 44,000 dih 46,000 dih 660 setups 1,100 inspections Each product is budgeted for 2,500 units of production for the year. a. Determine the activity rates for each activity. Fabrication $ Assembly $ per direct labor hour per direct labor hour per setup per inspection Setup $ Inspection $ b. Determine the activity-based factory overhead per unit for each product. Round to the nearest whole dollar. Speedboat per unit per unit Bass boat $
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started