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Single plantwide factory overhead rate Platzer Instruments Inc. makes three musical instruments: flutes, clarinets,...

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Accounting

Single plantwide factory overhead rate
Platzer Instruments Inc. makes three musical instruments: flutes, clarinets, and oboes. The budgeted factory overhead cost is $143,700. Overhead is allocated to the three products on the basis of direct labor
hours. The products have the following budgeted production volume and direct labor hours per unit:
If required, round all per unit answers to the nearest cent.
a. Determine the single plantwide overhead rate.
$
per direct labor hour
b. Use the overhead rate in (a) to determine the amount of total and per-unit overhead allocated to each of the three products,
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