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LUGLIO VULTICOU Instructions Matt's Music Inc. makes three musical instruments: trumpets, tubas, and trombones. The budgeted factory overhead cost is $202,482. Factory overhead is allocated to the three products on the basis of direct labor hours. The products have the following budgeted production volume and direct labor hours per unit: Budgeted Production Volume (in units) 2,250 Direct Labor Hours per Unit 0.85 Trumpets Tubas 600 1.65 1.40 Trombones 1,370 Required: A. Determine the single plantwide factory overhead rate. (Note: Round amount to the nearest whole dollar. Use this amount in subsequent computations if applicable.) B. Use the factory overhead rate in (A) to determine the amount of total and per-unit factory overhead allocated to each of the three products. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Amount Descriptions eBook Calculator A. Determine the single plantwide factory overhead rate. (Note: Round amount to the nearest whole dollar. Use this amount in subsequent computations if applicable.) $4,700.00 X per direct labor hour Points: 0/1 Feedback Check My Work First calculate: Budgeted production volume x direct labor hours per unit - direct labor hours per product. Add all product hours for total direct labor hours. Next: Budgeted factory overhead cost + total hours Rate per direct labor hour B. Use the factory overhead rate in (A) to determine the amount of total and per-unit factory overhead allocated to each of the three products Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Total Factory Per Unit Factory Ch_26_HW 1 eBook Calculator B. Use the factory overhead rate in (A) to determine the amount of total and per-unit factory overhead allocated to each of the three products. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Total Factory Overhead Per Unit Factory Overhead 2 Trumpets 3 Tubas Trombones 5 Total Points: - 4.81/11 Feedback Check My Work Rate in (A) x Direct labor hours for each product Overhead for each. Add all overhead amounts to obtain the total. Divide individual overhead amounts by budgeted production volume for each product to obtain overhead per unit

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