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sveticcg [70]
3 years ago
6

Multiple Production Department Factory Overhead Rates The total factory overhead for Bardot Marine Company is budgeted for the y

ear at $664,125, divided into two departments: Fabrication, $406,875, and Assembly, $257,250. Bardot Marine manufactures two types of boats: speedboats and bass boats. The speedboats require three direct labor hours in Fabrication and three direct labor hours in Assembly. The bass boats require two direct labor hours in Fabrication and three direct labor hours in Assembly. Each product is budgeted for 3,500 units of production for the year. If 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 direct labor hours Assembly direct labor hours b. Determine the departmental factory overhead rates for both departments. Fabrication $ per dlh Assembly $ per dlh c. Determine the factory overhead allocated per unit for each product using the department factory overhead allocation rates. Speedboat: $ per unit Bass boat: $ per unit
Business
1 answer:
MrMuchimi3 years ago
3 0

Answer:

Instructions are listed below

Explanation:

Giving the following information:

The total factory overhead for Bardot Marine Company is budgeted for the year at $664,125, divided into two departments:

Fabrication, $406,875

Assembly, $257,250.

The speedboats require three direct labor hours in Fabrication and three direct labor hours in Assembly.

The bass boats require two direct labor hours in Fabrication and three direct labor hours in Assembly.

Each product is budgeted for 3,500 units of production for the year.

A) Budgeted direct labor hours:

Fabrication:

Speedboats= 3500*3= 10500 hours

Bass boats= 3500*2= 7000 hours

Total= 17,500

Assembly:

Speedboats= 3500*3= 10500 hours

Bass boats= 3500*3= 10500 hours

Total= 21,000 hours

B) Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Fabrication= 406875/17500= $23.25 per direct labor hour

Assembly= 257250/21000= $12.25

C) Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH Fabrication= 23.25*5 + 12.25*6= $189.75 per  unit

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In business, a rent is known as the cost incurred by a business to utilize a property or location for an office, retail space, factory, or storage space.

Initially, to find revenue by coming up we can calculate with an equation below:

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R(x) = (1000+20x) (150-x)

R(x) = 150000 - 1000x + 3000x - 20x²

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To maximize the revenue, we calculate the derivative and set it to zero:

R(x) = - 20x² + 2000x + 150000

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After we find the amount of X, thus we determine the rent that the manager should  charge to maximize revenue

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1 year ago
Probett’s Garage uses 120 boxes of cleaning cloths a year. The boxes cost $6 each. Ordering cost is $3 and holding cost is 10 pe
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Assessment means to analyzing  someone or something  in respect of its quality, quantity and other such characteristics. Generally, assessment is done by comparing the actual results with some predetermined criteria .

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Assume that Parker Co. will receive SF200,000 in 360 days. Assume the following interest rates: U.S. Switzerland 360-day borrowi
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Answer:

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