Single Plantwide Factory Overhead RateThe total factory overhead for Bardot Marine Company is budgetedfor...Single...

50.1K

Verified Solution

Question

Accounting

Single Plantwide Factory Overhead Rate
The total factory overhead for Bardot Marine Company is budgetedfor the year at $1,100,000. Bardot Marine manufactures two types ofboats: speedboats and bass boats. The speedboat and bass boat eachrequire five direct labor hours for manufacture. Each product isbudgeted for 8,000 units of production for the year.
When required, round all per unit answers to the nearestcent.
a. Determine the total number of budgeteddirect labor hours for the year.
______direct labor hours
b. Determine the single plantwide factoryoverhead rate.
$ per dlh
c. Determine the factory overhead allocated perunit for each product using the single plantwide factory overheadrate.
Speedboat_ $ per unit
Bass boat________ $ per unit

Answer & Explanation Solved by verified expert

4.5 Ratings (921 Votes)

solution given data The Bardot Marine Company is budgeted for the year at 1100000 the two types of boats manufactured by this company they arespeedboats and bass boats The speedboat and bass boat each require five See Answer

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

Transcribed Image Text

In: AccountingSingle Plantwide Factory Overhead RateThe total factory overhead for Bardot Marine Company is budgetedfor...Single Plantwide Factory Overhead RateThe total factory overhead for Bardot Marine Company is budgetedfor the year at $1,100,000. Bardot Marine manufactures two types ofboats: speedboats and bass boats. The speedboat and bass boat eachrequire five direct labor hours for manufacture. Each product isbudgeted for 8,000 units of production for the year.When required, round all per unit answers to the nearestcent.a. Determine the total number of budgeteddirect labor hours for the year.____________direct labor hoursb. Determine the single plantwide factoryoverhead rate.____________$ per dlhc. Determine the factory overhead allocated perunit for each product using the single plantwide factory overheadrate.Speedboat_____________$ per unitBass boat______________$ per unit

Speedboat_____________	$ per unit
Bass boat______________	$ per unit