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In: Accounting
Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for...
Activity-Based Costing: Factory Overhead Costs
The total factory overhead for Bardot Marine Company is budgeted for the year at $1,112,000, divided into four activities: fabrication, $576,000; assembly, $224,000; setup, $168,000; and inspection, $144,000. Bardot Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows:
| Fabrication | Assembly | Setup | Inspection | |||||
| Speedboat | 8,000 | dlh | 24,000 | dlh | 58 | setups | 100 | inspections |
| Bass boat | 24,000 | 8,000 | 422 | 700 | ||||
| 32,000 | dlh | 32,000 | dlh | 480 | setups | 800 | inspections | |
Each product is budgeted for 5,000 units of production for the year.
a. Determine the activity rates for each activity.
| Fabrication | $ ___per direct labor hour |
| Assembly | $___ per direct labor hour |
| Setup | $___ per setup |
| Inspection | $ ___per inspection |
b. Determine the activity-based factory overhead per unit for each product. Round to the nearest whole dollar.
| Speedboat | $ ___per unit |
| Bass boat | $___ per unit |
Solutions
ekkarill92 answered 2 years agoRelated Solutions
Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for...
Activity-Based Costing: Factory Overhead Costs The total factory
overhead for Bardot Marine Company is budgeted for the year at
$930,200, divided into four activities: fabrication, $420,000;
assembly, $156,000; setup, $193,200; and inspection, $161,000.
Bardot Marine manufactures two types of boats: speedboats and bass
boats. The activity-base usage quantities for each product by each
activity are as follows: Fabrication Assembly Setup Inspection
Speedboat 7,000 dlh 19,500 dlh 50 setups 88 inspections Bass boat
21,000 6,500 370 612 28,000 dlh 26,000 dlh...
Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for...
Activity-Based Costing: Factory Overhead Costs
The total factory overhead for Bardot Marine Company is budgeted
for the year at $726,000, divided into four activity pools:
fabrication,, $352,000; assembly, $132,000; setup, $132,000; and
inspection, $110,000. Bardot Marine manufactures two types of
boats: speedboats and bass boats. The activity-base usage
quantities for each product by each activity are as follows:
Fabrication
Assembly
Setup
Inspection
Speedboat
5,500
dlh
16,500
dlh
40
setups
69
inspections
Bass boat
16,500
5,500
290
481
22,000
dlh
22,000...
Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for...
Activity-Based Costing: Factory Overhead Costs
The total factory overhead for Bardot Marine Company is budgeted
for the year at $1,314,700, divided into four activities:
fabrication, $492,000; assembly, $220,000; setup, $325,950; and
inspection, $276,750. Bardot Marine manufactures two types of
boats: speedboats and bass boats. The activity-base usage
quantities for each product by each activity are as follows:
Fabrication
Assembly
Setup
Inspection
Speedboat
10,250
dlh
33,000
dlh
74
setups
128
inspections
Bass boat
30,750
11,000
541
897
41,000
dlh
44,000
dlh...
Single Plantwide Factory Overhead Rate The total factory overhead for Bardot Marine Company is budgeted for...
Single Plantwide Factory Overhead Rate
The total factory overhead for Bardot Marine Company is budgeted
for the year at $1,305,000. Bardot Marine manufactures two types of
boats: speedboats and bass boats. The speedboat and bass boat each
require six direct labor hours for manufacture. Each product is
budgeted for 7,500 units of production for the year.
When required, round all per unit answers to the nearest
cent.
a. Determine the total number of budgeted
direct labor hours for the year....
Single Plantwide Factory Overhead Rate The total factory overhead for Bardot Marine Company is budgeted for...
Single Plantwide Factory Overhead Rate
The total factory overhead for Bardot Marine Company is budgeted
for the year at $1,100,000. Bardot Marine manufactures two types of
boats: speedboats and bass boats. The speedboat and bass boat each
require five direct labor hours for manufacture. Each product is
budgeted for 8,000 units of production for the year.
When required, round all per unit answers to the nearest
cent.
a. Determine the total number of budgeted
direct labor hours for the year....
Single Plantwide Factory Overhead Rate The total factory overhead for Bardot Marine Company is budgeted for...
Single Plantwide Factory Overhead Rate
The total factory overhead for Bardot Marine Company is budgeted
for the year at $1,710,000. Bardot Marine manufactures two types of
boats: speedboats and bass boats. The speedboat and bass boat each
require four direct labor hours for manufacture. Each product is
budgeted for 9,000 units of production for the year.
When required, round all per unit answers to the nearest
cent.
a. Determine the total number of budgeted
direct labor hours for the year....
The total factory overhead for Bardot Marine Company is budgeted for the year at $816,000, divided...
The total factory overhead for Bardot Marine Company is budgeted
for the year at $816,000, divided into two departments:
Fabrication, $648,000, and Assembly, $168,000. Bardot Marine
manufactures two types of boats: speedboats and bass boats. The
speedboats require four direct labor hours in Fabrication and three
direct labor hours in Assembly. The bass boats require two direct
labor hours in Fabrication and three direct labor hours in
Assembly. Each product is budgeted for 4,000 units of production
for the year....
total factory overhead for Bardot Marine Company is budgeted for the year at $778,050, divided into...
total factory overhead for Bardot Marine Company is budgeted for
the year at $778,050, divided into four activities: fabrication,
$357,000; assembly, $147,000; setup, $148,050; and inspection,
$126,000. Bardot Marine manufactures two types of boats: speedboats
and bass boats. The activity-base usage quantities for each product
by each activity are as follows:
Fabrication
Assembly
Setup
Inspection
Speedboat
5,250
dlh
15,750
dlh
38
setups
66
inspections
Bass boat
15,750
5,250
277
459
21,000
dlh
21,000
dlh
315
setups
525
inspections
Each product...
The total factory overhead for Bardot Marine Company is budgeted for the year at $1,262,000, divided...
The total factory overhead for Bardot Marine Company is budgeted
for the year at $1,262,000, divided into two departments:
Fabrication, $990,000, and Assembly, $272,000. Bardot Marine
manufactures two types of boats: speedboats and bass boats. The
speedboats require three direct labor hours in Fabrication and one
direct labor hour in Assembly. The bass boats require two direct
labor hours in Fabrication and three direct labor hours in
Assembly. Each product is budgeted for 8,000 units of production
for the year....
The total factory overhead for Bardot Marine Company is budgeted for the year at $522,500, divided...
The total factory overhead for Bardot Marine Company is budgeted
for the year at $522,500, divided into two departments:
Fabrication, $190,000, and Assembly, $332,500. Bardot Marine
manufactures two types of boats: speedboats and bass boats. The
speedboats require one direct labor hour in Fabrication and four
direct labor hours in Assembly. The bass boats require one direct
labor hour in Fabrication and three direct labor hours in Assembly.
Each product is budgeted for 5,000 units of production for the
year....
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