Question

please do both required ones

Ch. 4 Homework i Saved Help Save & Exit Submit Check my work Xie Company identified the following activities, costs, and activity drivers for this year. The company manufactures two types of go-karts: Deluxe and Basic. 0.85 points Activity Handling materials Inspecting product Processing purchase orders Paying suppliers Insuring the factory Designing packaging Expected Costs $625,000 900,000 105,000 175,000 300,000 75,000 Expected Activity 100,000 parts 1,500 batches 700 orders 500 invoices 40,000 square feet 2 models (8 02:03:41 eBook Print Required: 1. Compute a single plantwide overhead rate for the year, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours. 2. In January of this year, the Deluxe model required 2,500 direct labor hours and the basic model required 6,000 direct labor hours. Assign overhead costs to each model using the single plantwide overhead rate. References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute a single plantwide overhead rate for the year, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours. Screenshot

Answer 1

Answer 1

Budgeted total costs	$   2,180,000.00	=	$ 17.44	per labor hour
Budgeted labor hours	125,000.00

Answer 2

	Total DL required	Plantwide OH rate	Total Overhead cost
Deluxe	2,500.00	17.44	43,600.00
Basic	6,000.00	17.44	104,640.00
			148,240.00

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