Question

idk if im doing this correctly ?

Visited m Getting Started Apple Disney ESPN YouTube pter 17 Graded Homework 17 Blue Fan International manufactures various parts for small machine manufacturers. These parts go through the molding and trimming processes before they are packaged. Expected costs and activities for the molding department and for the trimming department for this year follow. [Round "OH rate and cost per unit" answers to 2 decimal places.) T Direct labor hours Maling 52.000 30,500 8731.000 ing .000 DIN 3.600 Overhead coats 92.000 Data for two special order parts to be manufactured by the company in this year follow Direct labor hours Required: 1. Computea departmental overhead rate for the molding department based on machine hours and a department overhead rate for the trimming department based direct labor hours Molding Overhead costs 1.324.000 $ 38.60 per machine hour Machine hours 34,100 Trimming Overhead costs $1.324.000 13.24 per direct labor hour Direct labor hours 100.000 2.&1. Determine the total overhead coat l ed to each product line using the departmental overhead rates from requirements, and then determine the overhead Part ATC Total Overhead Cost Driver 2001 s 13.24 Tota Overhead Cost Molding OH Rate 38.83 $

Answer 1

1. Computation of departmental overhead rate

Department	Numerator	Denominator	Overhead rate
Moulding	$732,000	30,500 machine hours	$24 per machine hour of moulding department
Trimming	$592,000	48,000 direct labor hour	$12.33 per direct labor hour of trimming department

2. Computation of overhead cost assigned to each product line.

Part A27C	Activity Driver	Departmental overhead rate	Total overhead cost
Moulding	5,100 machine hour	$24 per machine hour	$122,400
Trimming	700 direct labor hour	$12.33 per direct labor hour	$8,631
Total Overhead Cost			$131,031
No. of units			9,800 units
Overhead Cost per unit			$13.37 per unit
Part X82B
Moulding	1,020 machine hour	$24 per machine hour	$24,480
Trimming	3,500 direct labor hour	$12.33 per direct labor hour	$43,155
Total Overhead Cost			$67,635
No. of units			54,500 units
Overhead cost per unit			$1.24 per unit