Marigold Corporation manufactures safeslarge mobile safes, and large walk-in stationary bank safes. As part of...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Marigold Corporation manufactures safeslarge mobile safes, and large walk-in stationary bank safes. As part of its annual budgeting process, Marigold is analyzing the profitability of its two products. Part of this analysis involves estimating the amount of overhead to be allocated to each product line. The information shown below relates to overhead.
Mobile Safes
Walk-in Safes
Units planned for production
200
50
Material moves per product line
300
200
Purchase orders per product line
450
350
Direct labor hours per product line
800
1,700
(a)
New attempt is in progress. Some of the new entries may impact the last attempt grading.
Your answer is incorrect.
The total estimated manufacturing overhead was $ 264,000. Under traditional costing (which assigns overhead on the basis of direct labor hours), what amount of manufacturing overhead costs are assigned to: (Round answers to 2 decimal places, e.g. 12.25.)
(1)
One mobile safe
$ enter a dollar amount per unit
per unit
(2)
One walk-in safe
$ enter a dollar amount per unit
per unit
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!
