Question

Orange County Chrome Company manufactures three chrome-plated products—automobile bumpers, valve covers, and wheels. These products are manufactured in two production departments (Stamping and Plating). The factory overhead for Orange County Chrome is $212,100.

The three products consume both machine hours and direct labor hours in the two production departments as follows:

	Direct Labor Hours	Machine Hours
Stamping Department
Automobile bumpers	560	798
Valve covers	301	557
Wheels	339	599
	1,200	1,954
Plating Department
Automobile bumpers	170	1,168
Valve covers	185	708
Wheels	173	762
	528	2,638
Total	1,728	4,592

	Required:
1.	Determine the single plantwide factory overhead rate, using each of the following allocation bases: (a) direct labor hours and (b) machine hours. Round your answers to two decimal places.
2.	Determine the product factory overhead costs, using (a) the direct labor hour plantwide factory overhead rate and (b) the machine hour plantwide factory overhead rate. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Round your answers to the nearest dollar amount.

1. Determine the single plantwide factory overhead rate, using each of the following allocation bases: (a) direct labor hours and (b) machine hours. Round your answers to two decimal places.

Direct labor overhead rate: 122.74	per direct labor hour
Machine hour overhead rate: 46.19	per machine hour

2. Determine the product factory overhead costs, using (a) the direct labor hour plantwide factory overhead rate and (b) the machine hour plantwide factory overhead rate. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Round your answers to the nearest dollar amount.

Score: 12/36

1		Automobile Bumpers	Valve Covers	Wheels
2	Direct Labor Hours
3	Machine Hours

Answer 1

Sino. I Particular Solution - 1 Calculation of single . Plant wide overhead Rate Direct labor machine hours bil hours 1728 hrs 14592 has B. I overhead vol 1 $22,100 $212, 100 c overhead Rate C BLA $122.74 $ 46.19 ) Houss available at Plantwide overhead Rate to ($212100 (1728 has ($212, 200l 4592 has.)

solution 2 Calculation Product Automobile nawe Bumbers of Boduct Factory overhead Cost I have wheels Total 486 hiss 512 hrs. | 172g has (301+185) (339 +173) (1200+528) over Direct labor hours (Stamping + Plating) 730 hrs (560+ 170) Allocated overhead Cost $89,600.2 | $59, 651.64 $62,842.89 $122,094.72 $132.74) (486x $122.74)|(512x $122.74) (1728*$) 22: 74 Machine hours I (Stamping + Plating) 1966 hrs. I 1265 hrs. 1361 hrs 4592 hrs. (798 + 1168) (557+708) $.90,809.54 $58, 430.35 (599+762) $ 62,864.60 $212,104,48 Allocated overhead Cost (1966% 46.29) |(1265x$46.19) | (1361x$ 46.19 (4592х46.19)
note to students:- it is to be noted that the total factory overhead is differ from allocated total factory overhead. This is due to calculation. Question is specifically requesting for round your answer upto two decimal places.hence, there is slight difference.rest all are the good.