Question

Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and...

Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly. Data for the products and departments are listed below. Product Number of Units Direct Labor Hours Per Unit Machine Hours Per Unit Blinks 925 2 5 Dinks 2,235 5 8 All of the machine hours take place in the Fabrication department, which has an estimated overhead of $103,300. All of the labor hours take place in the Assembly department, which has an estimated total overhead of $93,900. Ramapo Company uses a single plantwide overhead rate to apply all factory overhead costs based on direct labor hours. The factory overhead allocated per unit of Dinks is a.$60.56 b.$31.01 c.$75.70 d.$187.82

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and...
Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly. Data for the products and departments are listed below. Product Number of Units Direct Labor Hours Per Unit Machine Hours Per Unit Blinks 1,000     4         5         Dinks 2,000     2         8         All of the machine hours take place in the Fabrication Department, which has an estimated overhead of $84,000. All of the labor hours take place in the Assembly Department, which has an estimated...
Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and...
Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly. Data for the products and departments are listed below. Product Number of Units Direct Labor Hours Per Unit Machine Hours Per Unit Blinks 1,005 3 6 Dinks 2,245 2 7 All of the machine hours take place in the Fabrication department, which has an estimated overhead of $94,100. All of the labor hours take place in the Assembly department, which has an estimated...
Chapter 18 The Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two...
Chapter 18 The Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly. Data for the products and departments are listed below. Product Number of Units Labor Hours Per Unit Machine Hours Per Unit Blinks 999 4 4 Dinks 2,126 6 7 All of the machine hours take place in the Fabrication department, which has an estimated overhead of $86,000. All of the labor hours take place in the Assembly department, which has...
Aleutian Company produces two products: Rings and Dings. They are manufactured in two departments: Fabrication and...
Aleutian Company produces two products: Rings and Dings. They are manufactured in two departments: Fabrication and Assembly. Data for the products and departments are listed below. Product Number of Units Direct Labor Hours Per Unit Machine Hours Per Unit   Rings 970 6 8   Dings 2,120 8 7 All of the machine hours take place in the Fabrication Department, which has estimated total factory overhead of $81,900. All of the labor hours take place in the Assembly Department, which has estimated...
PLEASE answer all of the follwing, thank you! The Ramapo Company produces two products, Blinks and...
PLEASE answer all of the follwing, thank you! The Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly. Data for the products and departments are listed below. Product Number of Units Labor Hours Per Unit Machine Hours Per Unit Blinks 1,171 1 5 Dinks 1,954 7 6 All of the machine hours take place in the Fabrication department, which has an estimated overhead of $93,900. All of the labor hours take place...
Aleutian Company produces two products: Rings and Dings. They are manufactured in two departments: Fabrication and...
Aleutian Company produces two products: Rings and Dings. They are manufactured in two departments: Fabrication and Assembly. Data for the products and departments are listed below. Product Number of Units Direct Labor Hours per Unit Machine Hours per Unit   Rings 910 6 6   Dings 2,710 3 7 All of the machine hours take place in the Fabrication Department, which has estimated total factory overhead of $86,700. All of the labor hours take place in the Assembly Department, which has estimated...
The Aleutian Company produces two products, Rings and Dings. They are manufactured in two departments—Fabrication and...
The Aleutian Company produces two products, Rings and Dings. They are manufactured in two departments—Fabrication and Assembly. Data for the products and departments are listed below. Product Number of Units Labor Hours Per Unit Machine Hours Per Unit Rings 1,080 2 5 Dings 1,890 5 10 All of the machine hours take place in the Fabrication Department, which has an estimated overhead of $86,500. All of the labor hours take place in the Assembly Department, which has an estimated total...
The management of Firebolt Industries Inc. manufactures gasoline and diesel engines through two production departments, Fabrication...
The management of Firebolt Industries Inc. manufactures gasoline and diesel engines through two production departments, Fabrication and Assembly. Management needs accurate product cost information in order to guide product strategy. Presently, the company uses a single plantwide factory overhead rate for allocating factory overhead to the two products. However, management is considering the multiple production department factory overhead rate method. The following factory overhead was budgeted for Firebolt: 1 Fabrication Department factory overhead $455,000.00 2 Assembly Department factory overhead 286,200.00...
The management of Firebolt Industries Inc. manufactures gasoline and diesel engines through two production departments, Fabrication...
The management of Firebolt Industries Inc. manufactures gasoline and diesel engines through two production departments, Fabrication and Assembly. Management needs accurate product cost information in order to guide product strategy. Presently, the company uses a single plantwide factory overhead rate for allocating factory overhead to the two products. However, management is considering the multiple production department factory overhead rate method. The following factory overhead was budgeted for Firebolt: 1 Fabrication Department factory overhead $614,800.00 2 Assembly Department factory overhead 246,750.00...
The management of Firebolt Industries Inc. manufactures gasoline and diesel engines through two production departments, Fabrication...
The management of Firebolt Industries Inc. manufactures gasoline and diesel engines through two production departments, Fabrication and Assembly. Management needs accurate product cost information in order to guide product strategy. Presently, the company uses a single plantwide factory overhead rate for allocating factory overhead to the two products. However, management is considering the multiple production department factory overhead rate method. The following factory overhead was budgeted for Firebolt: 1 Fabrication Department factory overhead $455,000.00 2 Assembly Department factory overhead 286,200.00...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT