Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. blalock company manufactures and distributes sever

Blalock Company manufactures and distributes several different products. The company currently uses a plantwide allocation...

80.2K

Verified Solution

Question

Accounting

Blalock Company manufactures and distributes several different products. The company currently uses a plantwide allocation method for allocating overhead at a rate of $10 per direct labor hour. Department A produces Products #101X and #102Y. Department A has $262,000 in traceable overhead. Department B manufacturers Product #103Z. Department B has $128,000 in traceable overhead. The product cost (per unit) and other information are as follows:

Products

101X 102Y 103Z

Direct Materials

 $60.00 $58.00 $46.00
Direct Labor 42.00 31.50 12.00
Overhead 40.00 30.00 20.00
$142.00 $119.50 $78.00
Machine hours (per unit) 4 2 3
Number of cases (per year) 3,000 5,000 6,000

Required:

a. If Blalock changes its allocation basis to machine hours, what is the total product cost per unit for Product 101X, 102Y, and 103Z?

b. If Blalock changes its overhead allocation to departmental rates, what are the product costs per unit for Product 101X, 102Y, and103Z, assuming Departments A and B use direct labor hours and machine hours as their respective alloction bases?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

solve completely(complementary function and particular integral) pdes 1 (1+D^2-D')z = -8siny 2 (D-D'-D'^2)z =132xy^10+504x^2y^6 3 (D^2-4DD' +4D'^2)z = x...

Basic Math
Q

Q6. You are the assistant director of political research for the NBC television network, and two...

Basic Math
Q

Which are functions of the signal recognition particle (SRP)? to pause protein synthesis as the signal sequence...

Biology
Q

to an 2 0 th of ved 4 59 A straight wire of diameter 0...

Physics
Q

A hedge fund analyst is looking to establish which publicly traded companies react similarly to...

Basic Math
Q

On January 1, Sheffield Corporation had 61000 shares of $10 par value common stock outstanding....

Accounting
Q

Problem 10-9 Comprehensive Variance...

Accounting
Q

2. What is the purpose of a special revenue fund? a. To account for revenues...

Accounting
Q

Which of the following does not have to be considered in determining the initial sample...

Accounting
Q

Berj Corporation issued bonds and received cash in full for the issue price. The bonds...

Accounting
Q

f you were one of the 3 January 2016 Powerball jackpot winners, which option would...

Finance
Q

Below are the financial ratios calculated from the 2020 annual report of PVC Pipes Ltd....

Finance