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Exercise 17-3 Computing plantwide overhead rates LO P1 Xle Company identified the following activities, costs, and activity drivers for this year. The company manufactures two types of go- karts: Deluxe and Basic Activity Handling materials Inspecting product Processing purchase orders Paying suppliers Insuring the factory Designing packaging Expected Costa $655,000 930,000 135,000 205,000 330.000 105.000 Expected Activity 100,000 parta 1,500 batches 700 orders 500 invoices 40,000 square feet 2 models Required: 1. Compute a single plantwide overhead rate for the year, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours. 2. In January of this year, the Deluxe model required 2,500 direct labor hours and the basic model required 6,000 direct labor hours. Assign overhead costs to each model using the single plantwide overhead rate. Complete this question by entering your answers in the tabs below. Required Required 2 Compute a single plantwide overhead rate for the year, assuming that the company assigns overhead based on 125,000 budgeted direct labor hours Required 2 > Proy 1 of 8 III Next > Exercise 17-3 Computing plantwide overhead rates LO P1 Xle Company Identified the following activities, costs, and activity drivers for this year. The company manufactures two types of go- karts: Deluxe and Basic Activity Expected Conte Expected retivity Handling materials $655,000 100,000 parts Inspecting product 930,000 1,500 batches Processing purchase orders 135,000 700 orders Taying suppliers 205,000 500 invoices Insuring the factory 330,000 40,000 square feet Designing packaging 105,000 2 models Required: 1. Compute a single plantwide overhead rate for the year, assuming that the company assigns overhead based on 125,000 budgeted 2. In January of this year, the Deluxe model required 2,500 direct labor hours and the basic model required 6,000 direct labor hours. Assign overhead costs to each model using the single plantwide overhead rate. Complete this question by entering your answers in the tabs below. Required 1 Required 2 In January of this year, the Deluxe model required 2,500 direct labor hours and the basic model required 6,000 direct labor hours. Assign overhead costs to each model using the single plantwide overhead rate. (Round "OH cost answers to 2 decimal places) Total DL Hours Plantwide OH Total Overhead required Rate Cost Deluxe model Basic model Proy 1 of 8 18 Next >

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