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Yale Metal Works produces two types of metal lamps. Yale manufactures 24,000 basic lamps and 4,500 designer lamps. Its activity-based costing system uses two indirect-cost
Yale Metal Works produces two types of metal lamps. Yale manufactures 24,000 basic lamps and 4,500 designer lamps. Its activity-based costing system uses two indirect-cost pools. One cost pool is for set up costs and the other for general ma overhead. Yale allocates set up costs to the two lamps based on setup labor-hours and general manufacturing overhead costs on the basis of direct manufacturing labor-hours. It provides the following budgeted cost information: (Click the icon to view the information.) Calculate the total budgeted costs of the basic and designer lamps using Yale's activity-based costing system. 114, VUU 413 240 per setup lapor-nour Now calculate the overhead rate for general manufacturing overhead. (Abbreviations used: MOH = Manufacturing Overhead. Round your answer to six decimal places, $X.XXXXXX.) Budgeted MOH rate Budgeted MOH costs 394,950 Budgeted manufacturing labor hours 17,550 $ - $ 22.504274 per manufacturing labor Data Table Now calculate the budgeted direct costs of basic and designer lamps if Yale allocates overhead costs in each department using manufacturing overhead rate rounded to six decimal places, $X.XXXXXX in any calculations. Round the total amounts to the nea Basic lamps Designer lamps Basic Lamps Designer Lamps Total Total Per unit Total Per unit Total $ 11 $ 12 Direct materials $ 264,000 $ 11.00 $ 54,000 $ 12.00 $ 318,000 526,500 0.6 hours our 432,000 18.00 94.500 21.00 Direct manufacturing labor $ 30 $ 30 Total direct costs 696,000 29.00 148,500 33.00 844,500 Direct materials per lamp Direct manufacturing labor-hours per lamp Direct manufacturing labor rate per hour Setup costs Lamps produced per batch Setup-hours per batch General manufacturing overhead costs $ 114,000 Indirect costs of activities 240 36 Setup of lamps 1 hour 3 hours General manufacturing overhead $ 394,950 Total indirect costs allocated Total costs
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