Determine the single plant wide factory overhead rate

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Single Plantwide Factory Overhead Rate Mozart Music Inc. makes three musical instruments: trumpets, tubas, and trombones. The budgeted factory overhead cost is $3,469,400. Factory overhead is allocated to the three products on the basis of direct labor hours. The products have the following budgeted production volume and direct labor hours per unit: Budgeted Production Volume Direct Labor Hours Per Unit Trumpets 4,000 units 1.2 Tubas 1,200 0.9 Trombones 2,500 1.3 a. Determine the single plant wide factory overhead rate. $ per direct labor hour b. Use the factory overhead rate in (a) to determine the amount of total and per-unit factory overhead allocated to each of the three products. Total Factory Overhead Per Unit Factory Overhead Trumpets $ $ Tubas Trombones Total $

Reference no: EM131863155

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