The total factory overhead for Big Light Company is budgeted for the year at $552,000. Big Light manufactures two different products: night lights and desk lamps. Night lights are budgeted for 9,600 units. Each night light requires 3 hours of direct labor. Desk lamps are budgeted for 15,600 units. Each desk lamp requires 2 hours of direct labor.
a Determine the total number of budgeted direct labor hours for the year.
direct labor hours
b Determine the single plantwide factory overhead rate using direct labor hours as the allocation base. Round your answer to two decimal places.
$
per direct labor hour
c Determine the factory overhead allocated per unit for each product using the single plantwide factory overhead rate determined in (b). Round your answers to two decimal places.
Answers: 1
Other questions on the subject: Business
Business, 22.06.2019 06:30, silas99
Selected data for stick’s design are given as of december 31, year 1 and year 2 (rounded to the nearest hundredth). year 2 year 1 net credit sales $25,000 $30,000 cost of goods sold 16,000 18,000 net income 2,000 2,800 cash 5,000 900 accounts receivable 3,000 2,000 inventory 2,000 3,600 current liabilities 6,000 5,000 compute the following: 1. current ratio for year 2 2. acid-test ratio for year 2 3. accounts receivable turnover for year 2 4. average collection period for year 2 5. inventory turnover for year 2
Answers: 2
Business, 22.06.2019 12:00, hannaboo53
Identify at least 3 body language messages that project a positive attitude
Answers: 2
Business, 22.06.2019 19:30, taylorray0820
Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above
Answers: 2
Do you know the correct answer?
The total factory overhead for Big Light Company is budgeted for the year at $552,000. Big Light man...
Questions in other subjects:
Social Studies, 27.06.2019 23:30
English, 27.06.2019 23:30
Mathematics, 27.06.2019 23:30
History, 27.06.2019 23:30
Chemistry, 27.06.2019 23:30
History, 27.06.2019 23:30
