Reference no: EM132540376
The following information pertains to Blaze Company:
Service Departments Producing Departments Personnel Maintenance Fabrication Assembly
Budgeted overhead $160,000 $300,000 $280,000 $320,000
Direct labor-hours 2,000 2,500 8,000 10,000
Machine-hours 12,000 8,000
Number of employees 4 5 15 25
Blaze Company does not divide costs into fixed and variable components. Personnel costs are allocated based on the number of employees, and maintenance costs are allocated based on machine-hours. Predetermined overhead rates for Fabrication and Assembly are based on direct labor-hours (round amounts to dollars).
Question 1: If the direct method is used to allocate service department costs, the predetermined overhead rate for the Fabrication Department (rounded to 2 decimal places) would be:
Option 1: $42.00
Option 2: $65.00
Option 3: $64.10
Option 4: $69.55
Option 5: $65.00
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