Single Plantwide Factory Overhead Rate The total factory overhead for Bardot Marine Company is budgeted...

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Single Plantwide Factory Overhead Rate The total factory overhead for Bardot Marine Company is budgeted for the year at $1,075,000. Bardot Marine manufactures two types of boats speedboats and bass boats. The speedboat and bass boat each require five direct labor hours for manufacture. Each product is budgeted for 5,000 units of production for the year. When required, round all per unit answers to the nearest cent. a. Determine the total number of budgeted direct labor hours for the year. direct fabor hours b. Determine the single plantwide factory overhead rate. per dith c. Determine the factory overhead allocated per unit for each product using the single plantwide factory overhead rate. Speedboat per unit Bass boat per unit Multiple Production Department Factory Overhead Rates The total factory overhead for Bardot Marine Company is budgeted for the year at $604,500, divided into two departments: Fabrication, $360,750, and Assembly, $243,750. Bardot Marine manufactures two types of boats: speedboats and bass boats. The speedboats require one direct labor hour in Fabrication and two direct labor hours in Assembly. The bass boats require two direct labor hours in Fabrication and three direct labor hours in Assembly. Each product is budgeted for 6,500 units of production for the year. If required, round all per unit answers to the nearest cent. a. Determine the total number of budgeted direct labor hours for the year in each department. Fabrication direct labor hours Assembly direct labor hours b. Determine the departmental factory overhead rates for both departments. Fabrication per dih Assembly per dih c. Determine the factory overhead allocated per unit for each product using the department factory overhead allocation mites. Speedboat: 5 per unit Bass boat: 5 per unit

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