Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication...
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Accounting
Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly. Data for the products and departments are as follows: Product Number of Units Direct Labor Hours Per Unit Machine Hours Per Unit Blinks Dinks All of the machine hours take place in the Fabrication department, which has an estimated overhead of $ All of the labor hours take place in the Assembly department, which has an estimated total overhead of $ Ramapo Company uses a single plantwide overhead rate to apply all factory overhead costs. The single plantwide rate rounded to the nearest cent if it is based on machine hours instead of labor hours, is a $ per machine hour b $ per machine hour c $ per machine hour d $ per machine hour
Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly. Data for the products and departments are as follows:
Product Number of
Units Direct Labor Hours
Per Unit Machine Hours
Per Unit
Blinks
Dinks
All of the machine hours take place in the Fabrication department, which has an estimated overhead of $ All of the labor hours take place in the Assembly department, which has an estimated total overhead of $
Ramapo Company uses a single plantwide overhead rate to apply all factory overhead costs. The single plantwide rate rounded to the nearest cent if it is based on machine hours instead of labor hours, is
a $ per machine hour
b $ per machine hour
c $ per machine hour
d $ per machine hour
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