Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis.
DATA FOR GRAPHS:
1) Est. Overhead costs by Department
a) Finishing: $3,000,000
b) assembly: $5,000,000
2)Estimated Direct Labor Hours & Machine Hours by Department
a) Direct labor hours: Finishing=25,000 hr , Assembly=100,000 hr
b) Machine hours: finishing =30,000 hr , assembly = 70,000 hr
3) Est. Overhead costs by activity
a) supervision : $2,000,000
b) maintenace : $6,000,000 Cost Driver & Exp. Usage by Activity
a) Supervison: 125,000 direct labor hours
b) Maintance: 100,000 machine hours
1. Using data from the upper half of the
dashboard, compute the company’s assembly department overhead rate
using direct labor hours.
2. Using data from the upper half of the
dashboard, compute the company’s finishing department overhead rate
using machine hours.
1. departmental overhead rate (assemble) | |||
? | |||
? | |||
2. department overhead rate(finishing) | |||
? | |||
? |
1.
Departmental overhead rate (assembly) = Estimated overhead costs/Estimated direct labor hours
= $5,000,000/100,000
= $50 per direct labor hour
2.
Departmental overhead rate (Finishing) = Estimated overhead costs/Estimated machine hours
= $3,000,000/30,000
= $100 per machine hour
Kindly comment if you need further assistance. Thanks
Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and...
Check my wor Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis. Estimated Overhead Costs by Department Estimated Direct Labor Hours & Machine Hours by Department 150,000 hrs 125,000 hrs 100,000 hrs Finishing 100 000 75,000 hrs Assembly Ορρρυ Total: $8,000,000 70000 Assembly 50,000...
Tableau DA 17-2: Exercise, Computing departmental overhead rates
LO P2
Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis. Estimated Overhead Costs by Department Estimated Direct Labor Hours & Machine Hours by Department 150,000 hrs 125,000 hrs 100,000 hrs Finishing 75,000 hrs Assembly Total:...
Tableau DA 17-1: Quick Study, Computing plantwide overhead rates
LO P1
Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis. Estimated Overhead Costs by Department Estimated Direct Labor Hours & Machine Hours by Department 150,000 hrs 125,000 hrs 100,000 hrs Finishing Assembly 75,000 hrs...
Saved Help Save & Exit Su Check my wor Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis. Estimated Overhead Costs by Department Estimated Direct Labor Hours & Machine Hours by Department 150,000 hrs 125,000 hrs 100,000 hrs Finishing "V06000 75,000 hrs - Assembly...
Tableau DA 17-3: Mini-Case, Computing and assigning costs using
ABC LO P3
Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis. Estimated Overhead Costs by Department Estimated Direct Labor Hours & Machine Hours by Department 150,000 hrs 125,000 hrs 100,000 hrs Finishing 75,000 hrs...
Estimated over cost
department finishing: 3,000,000
assembly: 5,000,000
Direct Labor:
Assembly: 100,000
Finishing: 25,000 hours
Machinery
Assembly: 70,000
Finishing: 30,000 hours
Activity cost pool:
sUPERVISION: 2,000,000
Maintenance: 6,000,000
Activity:
supervision: 125,000 direct hours
Machinery: 100,000 machine hours
Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for...
Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis.
DATA FOR GRAPHS:
1) Est. Overhead costs by Department
a) Finishing: $3,000,000
b) assembly: $5,000,000
2)Estimated
Direct Labor Hours & Machine Hours by Department
a) Direct labor hours: Finishing=25,000 hr , Assembly=100,000
hr
b) Machine hours: finishing =30,000 hr , assembly = 70,000 hr
3) Est. Overhead costs by activity
a) supervision : $2,000,000
b) maintenace : $6,000,000
Cost Driver & Exp. Usage by Activity
a) Supervison: 125,000 direct labor hours
b) Maintance: 100,000 machine hours
Chrom Co. manufactures two...
Check my work Required information Tableau DA 4-3: Mini-Case, Computing and assigning costs using ABC LO P3 Chrom Co. manufactures two models, the XL and RD. It also has two departments, assembly and finishing. The company wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis. Part 1 of 2 0.85 points Estimated Overhead Costs by Department Estimated Direct Labor Hours & Machine Hours...
Tableau DA 4-3: Mini-Case, Computing and assigning costs using ABC LOP3 wants to assign overhead costs to its two different models to better understand the profitability of each model. The Tableau Dashboard provides data for our analysis Estimated Overhead Costs by Estimated Direct Labor Hours & Machine Hours by Department Estimated Overhead Costs by Estimated Direct Labor Hours & Department Machine Hours by Department 150,000 hrs 125,000 hrs 100,000 hrs Finishing o lo 75,000 hrs Assembly Assembly Department Finishing: $3,000,000...