Single plantwide factory overhead rate Bach Instruments Inc. makes three musical instruments: flutes, clarinets, and oboes. The...

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Accounting

Single plantwide factory overhead rate
Bach Instruments Inc. makes three musical instruments: flutes,clarinets, and oboes. The budgeted factory overhead cost is$103,020. Overhead is allocated to the three products on the basisof direct labor hours. The products have the following budgetedproduction volume and direct labor hours per unit:
Budgeted Production Volume Direct Labor Hours Per Unit
Flutes 2,000 units 0.4
Clarinets 500 1.6
Oboes 1,300 1.1
If required, round all per unit answers to the nearestcent.
a. Determine the single plantwide overheadrate.
$ per direct labor hour
b. Use the overhead rate in (a) to determinethe amount of total and per-unit overhead allocated to each of thethree products.
Total
Factory Overhead Cost Per Unit
Factory Overhead Cost
Flutes $ $
Clarinets
Oboes
Total $

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Answer a Answer The single plantwide overhead rate 34 per direct labor hour Calculation Flutes Hours required for production of Flutes Budgeted production volume Direct labor hours per unit 2000 units 04 direct labor hours per unit 800 direct labor hours Clarinets Hours required for production of Clarinets Budgeted production volume Direct labor hours per unit 500 units 16 direct labor hours per unit 800 direct labor hours Oboes Hours required for production of Oboes Budgeted production volume Direct labor hours See Answer

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	Budgeted Production Volume		Direct Labor Hours Per Unit
Flutes	2,000	units	0.4
Clarinets	500		1.6
Oboes	1,300		1.1

	Total Factory Overhead Cost	Per Unit Factory Overhead Cost
Flutes	$	$
Clarinets
Oboes
Total	$