Question
In: Accounting
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.
If required, round all per unit answers to the nearest cent.
a. Determine the total number of budgeted direct labor hours for the year in each department.
| Fabrication | fill in the blank 1 direct labor hours |
| Assembly | fill in the blank 2 direct labor hours |
b. Determine the departmental factory overhead rates for both departments.
| Fabrication | $fill in the blank 3 per dlh |
| Assembly | $fill in the blank 4 per dlh |
c. Determine the factory overhead allocated per unit for each product using the department factory overhead allocation rates.
| Speedboat: | $fill in the blank 5 per unit |
| Bass boat: | $fill in the blank 6 per unit |
Solutions
ekkarill92 answered 2 years agoRelated Solutions
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 $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....
The total factory overhead for Bardot Marine Company is budgeted for the year at $1,078,500, divided...
The total factory overhead for Bardot Marine Company is budgeted
for the year at $1,078,500, divided into four activities:
fabrication, $490,000; assembly, $228,000; setup, $194,250; and
inspection, $166,250. 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
8,750
dlh
28,500
dlh
63
setups
109
inspections
Bass boat
26,250
9,500
462
766
35,000
dlh
38,000
dlh
525
setups
875
inspections
Each...
The total factory overhead for Bardot Marine Company is budgeted for the year at $1,144,800, divided...
The total factory overhead for Bardot Marine Company is budgeted
for the year at $1,144,800, divided into four activities:
fabrication, $512,000; assembly, $180,000; setup, $244,800; and
inspection, $208,000. 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
22,500
dlh
58
setups
100
inspections
Bass boat
24,000
7,500
422
700
32,000
dlh
30,000
dlh
480
setups
800
inspections
Each...
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....
Multiple Production Department Factory Overhead Rates The total factory overhead for Bardot Marine Company is budgeted...
Multiple Production
Department Factory Overhead Rates
The total factory
overhead for Bardot Marine Company is budgeted for the year at
$519,000, divided into two departments: Fabrication, $451,500, and
Assembly, $67,500. Bardot Marine manufactures two types of boats:
speedboats and bass boats. The speedboats require four direct labor
hours in Fabrication and one direct labor hour in Assembly. The
bass boats require three direct labor hours in Fabrication and one
direct labor hour in Assembly. Each product is budgeted for 3,000...
Multiple Production Department Factory Overhead Rates The total factory overhead for Bardot Marine Company is budgeted...
Multiple Production Department Factory Overhead Rates
The total factory overhead for Bardot Marine Company is budgeted
for the year at $576,000, divided into two departments:
Fabrication, $423,000, and Assembly, $153,000. Bardot Marine
manufactures two types of boats: speedboats and bass boats. The
speedboats require one direct labor hour in Fabrication and two
direct labor hours in Assembly. The bass boats require two direct
labor hours in Fabrication and one direct labor hour in Assembly.
Each product is budgeted for 6,000...
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