Single plantwide factory overhead rate
Platzer Instruments Inc. makes three musical instruments: flutes, clarinets, and oboes. The budgeted factory overhead cost is $ 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:
tabletableBudgetedProductionVolumetableDirect LaborHours Per UnitFlutes units,ClarinetsOboes
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 perunit overhead allocated to each of the three products,
tableTotal,Per UnitFactory Overhead Cost,Factory Overhead CostFlutesvdots,$
