Laval produces lamps and home lighting fixtures. Its most popular product is a brushed aluminum...

50.1K

Verified Solution

Question

Accounting

imageimageimageimageimage

Laval produces lamps and home lighting fixtures. Its most popular product is a brushed aluminum desk lamp. This lamp is made from components shaped in the fabricating department and assembled in the assembly department. Information related to the 21,000 desk lamps produced annually follows. Direct materials $270,000 Direct labor Fabricating department (8,000 DLH x $25 per DLH) Assembly department (16,000 DLH x $24 per DLH) $200,000 $384,000 Machine hours Fabricating department Assembly department 15,000 MH 20,850 MH Expected overhead cost and related data for the two production departments follow. Fabricating 160,000 DLH 156,000 MH Assembly 315,000 DLH 128,000 MH Direct labor hours Machine hours Overhead cost $400,000 $410,000 Required 1. Determine the plantwide overhead rate for Laval using direct labor hours as a base 2. Determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate. 3. Compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department. 4. Use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps. Complete this question by entering your an nswers in the tabs below. Required 3 Required 1 Required 2 Required 4 Determine the plantwide overhead rate for Laval using direct labor hours as a base > Required 1 Required 2 Complete this question by entering your answers in the tabs below. Required 2 Required 4 Required 1 Required 3 Determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate. Total manufacturing costs 0 Units produced Manufacturing cost per unit

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students