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Compute direct-material related overhead rate for next month

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Question - Channing Corporation makes two products (A1 and B2) that require direct materials, direct labor, and overhead. The following data refer to operations expected for next month.

 

A1

B2

Total

Revenue

$140,000

$420,000

$560,000

Direct material

50,000

100,000

150,000

Direct labor

48,000

114,000

162,000

Overhead: Direct-material related 28,500 Direct-labor related 25,920.

Required - Channing uses a two-stage cost allocation system, It uses direct-material costs to allocate direct-materials related overhead and direct-labor costs to allocate direct-labor related overhead costs.

a. Compute the direct-material related overhead rate for next month.

b. Compute the direct-labor related overhead rate for next month.

c. What is the total overhead allocated to product A1 next month?

d. What is the total overhead allocated to product B2 next month?

Reference no: EM132820893

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