Homework Answers
1) Overhead rate (Direct labor hour) = 180000/10000 = 18 per labor cost
2) Total cost per unit
| Model #B234 | |
| Direct material | 60000 |
| Direct labor (5000*20) | 100000 |
| Overhead (5000*18) | 90000 |
| Total Cost | 250000 |
| Unit | 500 |
| Unit product cost | 500 |
3) New overhead rate = 180000/150000 = 120% of labor cost
4) Total cost per unit
| Model #B234 | |
| Direct material | 60000 |
| Direct labor (5000*10) | 50000 |
| Overhead (50000*1.2) | 60000 |
| Total Cost | 170000 |
| Unit | 500 |
| Unit product cost | 340 |
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