1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
QveST [7]
3 years ago
5

Laval produces lamps and home lighting fixtures. Its most popular product is a brushed aluminum desk lamp. This lamp is made fro

m components shaped in the fabricating department and assembled in the assembly department. Information related to the 21,000 desk lamps produced annually follows
Direct materials $270,000
Direct labor
Fabricating department (6,500 DLH × $29 per DLH) $188,500
Assembly department (15,200 DLH × $26 per DLH) $395,200
Machine hours
Fabricating department 15,000 MH
Assembly department 20,450 MH

Expected overhead cost and related data for the two production departments follow.

Fabricating Assembly
Direct labor hours 210,000 DLH 290,000 DLH
Machine hours 152,000 MH 124,000 MH
Overhead cost $390,000 $410,000

Required
1. Determine the plantwide overhead rate for Laval using direct labor hours as a base.
2. Determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate.
3. Compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department.
4. Use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps.
Business
1 answer:
12345 [234]3 years ago
8 0

Answer:

Part 1.  

Plantwide overhead rate for Laval using direct labor hours as a base. is $1.60 per Direct Labor Hour

Part 2.

Total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate is $78.76

Part 3. Compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department.

                                         Fabricating                  Assembly              

Overheads (R)                      390000                         410000      

Department Cost Driver      152000                         290000      

Overhead Rate                         2.57                                 1.41            

Therefore Overhead Rates are :

            Fabricating Department $ 2.57 per Machine Hour  

            Assembly Department $1.41 per Labor Hour          

Part 4. Use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps.

Direct materials ($270000/21000)                                         12.86

Direct labor:

       Fabricating department(6500/21000×$29)                   8.98

       Assembly department(15200/21000×$26)                   18.82

Overheads:

       Fabricating department(152000/21000×$2.57)           18.60

       Assembly department (290000/21000×$1.41)             19.47

Total manufacturing cost per unit                                         78.73

Explanation:

Part 1.  Plantwide overhead rate for Laval using direct labor hours as a base.

Overhead Rate = Total Overheads/Total Direct Labor Hours

                          = $1.60 per Direct Labor Hour

                                            Fabricating                  Assembly         Total      

Overheads (R)                      390000                         410000       800000

Direct Labor Hrs                  210000                         290000       500000

Overhead Rate                                                                                   1.60

Part 2. Total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate

Direct materials ($270000/21000)                                         12.86

Direct labor:

       Fabricating department(6500/21000×$29)                   8.98

       Assembly department(15200/21000×$26)                   18.82

Overheads:

       Fabricating department(210000/21000×$1.60)            16.00

       Assembly department (290000/21000×$1.60)            22.10

Total manufacturing cost per unit                                         78.76

Part 3. Compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department.

Part 4. Use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps.

You might be interested in
Imagine you have some workers and some handheld computers that you can use to take inventory at a warehouse. There are diminishi
Neporo4naja [7]

Answer: $1.25

Explanation:

Cost of inventorying a single item:

= (Cost of computer + Cost to employ worker per hour) / Items inventoried per hour

= (100 + 25) / 100

= $1.25

8 0
2 years ago
Compared to the other coaches, Doug seems to...
Brut [27]

There are different kinds of theories. Compared to the other coaches, Doug seems to resemble more characteristics of Theory Y.

<h3>What does Theory Y assumes?</h3>

Theory Y is known to state or talks about a positive aspect or view of human nature and it is known to also assumes that people are generally industrious, creative, etc. and they can handle  responsibility and also be self-controlled in their jobs.

<h3 />

Theory Y managers are known to have the following qualities such as being optimistic, having positive opinion about other people, etc.

See full question below

Compared to the other coaches, Doug seems to resemble more ________ characteristics.

Multiple Choice

extrinsic

Theory Y

Theory X

evidence-based

contingent

Learn more about Theory Y from

brainly.com/question/25813547

7 0
2 years ago
Net income for the year for Carrie, Inc. was $750,000, but the statement of cash flows reports that net cash provided by operati
dybincka [34]

Answer:

The difference might relate to depreciation, loss on sale of fixed assets, or change in working capital.

Explanation:

The net cash flow from operating activities is calculated after adding and deducting certain items and adjustments to net income to get operating cash flow.

First of all, the gains or losses from sale of fixed assets are adjusted, losses are added back and gains are deducted, to get income from operations.

All the non cash transactions that is unrealized gains or losses are eliminated.

Depreciation being non cash is added back.

All the changes in working capital is adjusted.

Increase in value of current assets are deducted, decrease in value of current assets are added, increase in current liability is added and decrease in current liabilities is deducted.

Thus, after all these adjustments the cash flow from operating activities is calculated.

In the given instance also, the difference might relate to depreciation, loss on sale of fixed assets, or change in working capital.

3 0
3 years ago
A computer accessory salesman attempts to convince you to purchase a "solar neutrino" shield for your new computer. (It's even "
Margaret [11]

Answer:

Because neutrinos rarely, if ever, interact with my computer.

Explanation:

A computer accessory salesman attempts to convince me to purchase a "solar neutrino" shield for my new computer. (It's even "on-sale" !) I turn down this excellent offer <u>because neutrinos rarely, if ever, interact with my computer.</u><u> </u>Lack of any links to stuff, neutrinos remain extraordinarily unfriendly. They simply don't desire to communicate with anything in today's material world. To neutrinos, the Sun is translucent, and huge numbers of them walk away into all ways of space at approximately the pace concerning light.

4 0
3 years ago
A worker, who is typical in all respects, works for a wage of $30,000 per year in a perfectly safe occupation. Another typical w
Fantom [35]

Answer:

$6,000,000

Explanation:

Change in risk = 0 in 1,000 to 1 in 1,000 = 0 to 0.001 = +0.001

Change in wage = $30,000 to $36,000 = +$6,000

Therefore:

wage/risk = 6,000/0.001

= $6 million or $6,000,0000

The value of a human life for workers with these characteristics should a cost-benefit analyst use is $6,000,000 because workers are willing to receive an extra $6,000 for a 1 in 1,000 increase in risk of death, implying a value of life of $6 million)Value of human life for workers with these characteristics = $6 million .

In order words the workers require $6,000 to accept a death risk of .001. The value of life implied by this is $6,000/.001 = $6,000,000.

4 0
2 years ago
Read 2 more answers
Other questions:
  • Harvey automobiles uses a standard part in the manufacture of several of its trucks. the cost of producing​ 90,000 parts is​ $13
    11·1 answer
  • Give any 6 points why we need oupation​
    9·1 answer
  • With respect to income from services, which of the following is true?a. The income is always amortized over the period the servi
    13·1 answer
  • QS 23-10 Sell or process further LO A1 Holmes Company produces a product that can be either sold as is or processed further. Hol
    7·1 answer
  • When consumers decide to purchase a music CD from Amazon, the company's website often suggests that consumers purchase an additi
    9·1 answer
  • Following the formation of a corporation, which of the following terms best describes the process by which the promoter is relea
    15·1 answer
  • What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 30 cents
    8·2 answers
  • The following account balances appear in the 2021 adjusted trial balance of Beavers Corporation: Service Revenue, $245,000; Sala
    10·1 answer
  • Hyper, Inc. is a growing firm that chooses to payout only 20% of its earnings as dividends (thus, it has a plowback ratio of .8)
    14·1 answer
  • Badger and Fox are forming a partnership. Badger invests a building that has a market value of $352,000; the partnership assumes
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!