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this is a 4 part question Required information Use the following information for the Problems below. (Algo) [The following information applies to the questions displayed
this is a 4 part question
Required information Use the following information for the Problems below. (Algo) [The following information applies to the questions displayed below) Tent Master produces Pup tents and Pop-up tents. The company budgets $245,000 of overhead cost and 49,000 direct labor hours. Additional information follows Per Unit Pup tent Pop-up tent Selling Price Direct Materials $ 23 25 5.80 75 Direct Labor $46 31 Problem 17-2A (Algo) Using plantwide overhead rate to allocate overhead cost, and compute overhead cost per unit and gross profit per unit LO P1 Required: 1. Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 49,000 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 1 Required 2 Required 3 Required 4 Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 49,000 direct labor hours. Numerator Denominator Required 1 Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 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. Pup tent Pop-up tent Required 3 Plantwide Overhead Rate Required 4 Direct Labor Hours per Unit Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the product cost per unit for each product. Per Unit Pup tent Pop-up tent Direct Materials $ Required 3 Required 41 23 25 Direct Labor $ 46 31 Overhead Cost per Unit Complete this question by entering your answers in the tabs below. 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 selling prices as negative values.) Per Unit Pup tent Pop-up tent Selling Price Product Cost Gross Profit $ 80 75 Step by Step Solution
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