The Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly. Data for the products and departments are listed below.
Product |
Number of Units |
Labor Hours Per Unit |
Machine Hours Per Unit |
Blinks | 1,055 | 3 | 4 |
Dinks | 2,169 | 2 | 5 |
All of the machine hours take place in the Fabrication department, which has an estimated overhead of $113,200. All of the labor hours take place in the Assembly department, which has an estimated total overhead of $91,000.
The Ramapo Company uses a single overhead rate to apply all overhead costs. What would the single plantwide rate be if it was based on machine hours instead of labor hours?
a.$16.94 per machine hour
b.$13.55 per machine hour
c.$31.18 per machine hour
d.$10.84 per machine hour
Total Machine Hours = 1055 Units * 4 Machine Hours Per Unit + ( 2169 Units * 5 Machine Hours Per Unit)
= 4220+10845
= 15065 machine hours
The single plantwide rate = Total Overhead / Total Machine Hours
= ( $ 113,200 + $91,000) / 15065 machine hours
= 13.55459675 per machine hour
Hence the correct answer is b.$13.55 per machine hour
The Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication...
The Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly. Data for the products and departments are listed below. Product Number of units Labor hours per unit Machine hours per unit Blinks 1,000 4 5 Dinks 2,000 2 8 All of the machine hours take place in the Fabrication department, which has an estimated overhead of $84,000. All of the labor hours take place in the Assembly department, which has an estimated...
The Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly. Data for the products and departments are listed below. Product Number of Units Labor Hours Per Unit Machine Hours Per Unit Blinks 1,064 3 4 Dinks 2,300 6 8 All of the machine hours take place in the Fabrication department, which has an estimated overhead of $109,600. All of the labor hours take place in the Assembly department, which has an estimated...
Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly. Data for the products and departments are listed below. Product Number of Direct Labor Hours Machine Hours Units Per Unit Per Unit 1,049 Blinks Dinks 1,994 All of the machine hours take place in the Fabrication department, which has an estimated overhead of $117,800. All of the labor hours take place in the Assembly department, which has an estimated total overhead of $102,100....
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1. The Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly. Data for the products and departments are listed below. Product Number of units Labor hours per unit Machine hours per unit Blinks 1,000 4 5 Dinks 2,000 2 8 All of the machine hours take place in the Fabrication department, which has an estimated overhead of $84,000. All of the labor hours take place in the Assembly department, which has an...
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