Reference no: EM132749811
Question - A company produces parts for a variety of small machine manufacturers. Most products go through two operations, molding and trimming, before they are ready for packaging. Expected costs and activities for the molding department and for the trimming department for this year follow.
Molding Trimming
Direct labor hours 53,000DLH 52,000DLH Machine hours 33,500MH 4,800MH
Overhead costs $710,000 $540,000
Data for two special-order parts to be manufactured by the company in this year follow.
Part A27C Part X82B
Number of units 10,000units 55,000units
Machine hours
Molding 5,400MH 1,080MH
Trimming 2,400MH 600MH
Direct labor hours
Molding 4,500DLH 2,150DLH
Trimming 700DLH 3,500DLH
Required -
1. Compute the plantwide overhead rate using direct labor hours as the base.
2. Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1.
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