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Debora [2.8K]
3 years ago
15

homeworklib The Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication an

d Assembly. Data for the products and departments are listed below. Product Number of Units Labor Hours Per Unit Machine Hours Per Unit Blinks 964 3 5 Dinks 1,943 5 8 All of the machine hours take place in the Fabrication department, which has an estimated overhead of $103,800. All of the labor hours take place in the Assembly department, which has an estimated total overhead of $79,600. The Ramapo Company uses a single overhead rate to apply all overhead costs based on labor hours. What is the overhead cost per unit for Blinks
Business
1 answer:
Norma-Jean [14]3 years ago
8 0

Answer:

Overhead per unit of Blinks= $43.65

Explanation:

Giving the following information:

Product Number of Units Labor Hours Per Unit

Blinks 964 3

Dinks 1,943 5

<u>First, we need to calculate the total estimated overhead and the total number of labor hours:</u>

Total estimated overhead= 103,800 + 79,600= $183,400

Total number of labor hours= (964*3) + (1,943*5)= 12,607

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 183,400 / 12,607

Predetermined manufacturing overhead rate= $14.55 per direct labor hour

<u>Finally, we can allocate overhead to Blinks:</u>

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

Blinks= 14.55*3= $43.65

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Answer:

Taylorism

Explanation:

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Answer:

A) $158.40

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C) $42

Explanation:

The question is to determine the tax figures for both the State Unemployment Tax Act (SUTA) for Louisiana and Florida and the net Federal Unemployment Tax Act (FUTA) on Sherm's wages.

A) Amount of SUTA tax the company must pay to Louisiana on Sherm's wages

Out of the $14,190 wages of Sherm for the year, $4,950 was paid in Louisiana

Meaning the State SUTA tax in Louisiana = $4,950 x the tax rate for SUTA in Louisiana = 3.2%

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B) Amount of SUTA tax the company must pay to Florida on Sherm's wages

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