Multiple Production Department Factory Overhead Rates The total factory overhead for Bardot Marine Company is...

70.2K

Verified Solution

Question

Accounting

image
Multiple Production Department Factory Overhead Rates The total factory overhead for Bardot Marine Company is budgeted for the year at $874,250, divided into two departments: Fabrication, $750,000, and Assembly $94,250. Bardot Marine manufactures two types of boats: speedboats and bass boats. The speedboats require three direct labor hours in Fabrication and one direct tabor hour in Assembly. The bass boats require two direct labor hours in Fabrication and one direct labor hour in Assembly foch product is budgeted for 6,500 units of production for the year, 11 required, round all per unit answers to the nearest cent. a. Determine the total number of budgeted direct labor hours for the year in each department Fabrication Assembly direct labor hours direct labor hours b. Determine the departmental factory overhead rates for both departments Fabrication 5 per die Assembly $ per din c. Determine the factory overhead allocated per unit for each product using the department factory overhead allocation rates Speedboat: $ per unit Bacc boat: $ 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