Assignment5bFacultyLabVersion

Assignment5bFacultyLabVersion - 4.0 hours Manufacturing...

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28 Pearson Interactive Computer Assignments Registered user Yang Xu Assignment 5b: Plantwide vs Department Overhead Cost Rates SID 307198650 Buttons don't work ? Point cursor here. Manufacturing department #1 overhead costs $60,000 Manufacturing department #2 overhead costs $25,000 Total manufacturing overhead costs $85,000 Manufacturing department #1 budgeted direct labour hours 8,000 Manufacturing department #2 budgeted direct labour hours 6,000 Total direct labour hours 14,000 Manufacturing department 1 (labour required) - Product A 1.0 hours NOTE: Manufacturing department 2 (labour required) - Product A 4.0 hours Budget levels were exactly attained Direct materials - Product A $130 and budgeted direct labour hours Direct manufacturing labour - Product A $80 are used as the overhead allocation End of year Finished Goods - Product A 180 units basis in all requirements. Manufacturing department 1 (labour required) - Product B
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Unformatted text preview: 4.0 hours Manufacturing department 2 (labour required) - Product B 1.0 hours Direct materials - Product B $130 Direct manufacturing labour - Product B $80 End of year Finished Goods - Product B 500 units Sales price determination 140% added to unit manufacturing cost REQUIREMENTS: (a) Balance Sheet finished goods cost using plantwide rate - Product A $43,264 (b) Balance Sheet finished goods cost using department rates - Product A $42,150 (c) Balance Sheet finished goods cost using plantwide rate - Product B $120,179 (d) Balance Sheet finished goods cost using department rates - Product B $122,083 (e) Selling price using plantwide rate - Product A $577 (f) Selling price using departmental rate - Product A $562 (g) Selling price using plantwide rate - Product B $577 (h) Selling price using departmental rate - Product B $586 Help Me Assess Me FAQs...
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