Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. crinkle cut clothes company manufactures two produ

Crinkle Cut Clothes Company manufactures two products CC1 and CC2. Current direct material and direct...

50.1K

Verified Solution

Question

Accounting

Crinkle Cut Clothes Company manufactures two products CC1 and CC2. Current direct material and direct labor costs are detailed below. Next year the company wishes to use a plantwide overhead rate with direct labor hours as its allocation base. Next year's overhead is estimated to be $580,400. The direct labor and direct materials costs are estimated to be consistent with the current year. Direct labor costs $20 per hour and the company expects to manufacture 35,000 units of CC1 and 104,000 units of CC2 next year.

Direct Material per Unit Direct Labor Dollars per Unit
CC1 $ 38.40 $ 17.60
CC2 $ 26.50 $ 16.40

Compute the plantwide overhead rate for next year.

Multiple Choice

  • $20.00 per DLH.

  • $1.92 per DLH.

  • $34.00 per DLH.

  • $0.89 per DLH.

  • $5.00 per DLH.

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

Segment VU is parallel to segment LM Find the missing length L V M24 U...

Geometry
Q

calculate the measure of angle B F 55 N 20 45 DP B 50

Geometry
Q

Five years ago a chemical plant invested $84,000 in a pumping station on a nearby river...

Finance
Q

What effect on power will more alternatives have? Question 48 options: It will decrease power Alternatives have no...

Operations Management
Q

Assume all of the ionized aspirin remains in the buffer solution and all of the un-ionized...

Chemistry
Q

1. Do you believe that any future liability caused from fracking (e.g., from earthquakes) should be...

General Management
Q

In circle L with m KLM KM Round to the nearest hundredth K I 74...

Basic Math
Q

ata concerning Wang Corporation's single product appear below: (Do not round your intermediate calculations.) Selling...

Accounting
Q

On September 30, 2017, C Company collected $200,000 cash for two years rent in advance....

Accounting
Q

You have just been hired by Dunder Mifflin Paper Company in their financial accounting research...

Accounting
Q

Calculate the duty for yogurt (over access commitment), based on the following: Value of the...

Finance
Q

if you own 19,000 shares of stocks in Nike and its pays a dividend of...

Finance