Product design Electricity Setup Total 20 000 50 000 520 000 Required 1 Compute a single plantwide overhead rate assuming the

Question

Product design Electricity Setup Total 20 000 50 000 520 000 Required 1 Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 13 000 direct labor hours 2 Job 31 used 200 direct labor hours and Job 42 used 480 direct labor hours Allocate overhead cost to each Job using the single plantwide overhead rate from part 1 3 Compute an activity rate for each activity using activity based costing 4 Allocate overhead costs to Job 31 and Job 42 using activity based costing Activity Cost Driver Direct labor hours DLH Engineering hours EH Machine hours MH Setups Machine hours MH Setups Required 1 Required 2 Activity Assembly Product design Electricity Activity Usage Job 31 200 26 50 Complete this question by entering your answers in the tabs below Required 3 Required 4 Allocate overhead costs to Job 31 and Job 42 using activity based costing Round Activity Rate to 2 decimal places Allocate overhead to Job 31 Activity Usage Direct labor hours Job 42 480 32 60 6 30 60 2 Machine hours Answer is not complete Engineering hours S 200 00 X S Activity Rate Is 400 26 00 X 50 00 per direct labor hour per engineering hour per machine hour Allocated Cost S 6 000 1 560 100

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