Question

Vanderbilt Metal Works produces two types of metal lamps. Vanderbilt manufactures 23,000 basic lamps and 5,400 designer lamps. Its simple costing system uses a single indirect-cost pool and allocates costs to the two lamps on the basis of direct manufacturing labor-hours. It provides the following budgeted cost information: Click the icon to view the information.) Calculate the total budgeted costs of the basic and designer lamps using Vanderbilt's simple costing system. Begin by calculating the budgeted indirect cost rate for the single indirect-cost pool. First select the formula, then enter the applicable amounts and calculate the rate. (Abbreviations used: MOH = Manufacturing Overhead.) Budgeted indirect manufacturing costs Budgeted manufacturing labor hours Budgeted MOH rate 651,280 23,260 - S 28 per manufacturing labor hour Now calculate the total budgeted costs and per unit costs of the decimal places.) © Data Table Basic lamps - Total Per unit Total Direct materials Direct manufacturing labor Total direct costs Indirect costs allocated Direct materials per lamp Direct manufacturing labor per lamp Direct manufacturing labor rate per hour Indirect manufacturing costs Basic Lamps Designer Lamps $ 12 $ 16 0.8 hours 0.9 hours $ 20 $ 20 $ Total costs 651.280 Enter any number in the edit fields and then click Check An Print Done Done 2 parts Clear Al Check Answer remaining

Answer 1