Blackwelder Factory produces two similar products: small table lamps and desk lamps. The total factory overhead budget is $615,000 with 478,000 estimated direct labor hours. It is further estimated that small table lamp production will require 261,000 direct labor hours, and desk lamp production will need 125,000 direct labor hours. Using a single plantwide factory overhead rate with an allocation base of direct labor hours, the factory overhead that Blackwelder Factory will allocate to small table lamp production if actual direct labor hours for the period for small table lamp production is 183,000 would be a.$518,641 b.$877,131 c.$236,070 d.$739,700

Marvel Parts, Incorporated, manufactures auto accessories. One of the company's products is a set of seat covers that can be adjusted to fit nearly any small car. The company uses a standard cost system for all of its products. According to the standards that have been set for the seat covers, the factory should work 1,055 hours each month to produce 2,110 sets of covers. The standard costs associated with this level of production are: Direct materials Total $ 51,273 Per Set of Covers $ 24.30 Direct labor $ 10,550 5.00 Variable manufacturing overhead (based on direct labor-hours) $ 4,853 2.30 $ 31.60 During August, the factory worked only 1,000 direct labor-hours and produced 2,100 sets of covers. The following actual costs were recorded during the month: Per Set of Direct materials (6,800 yards) Direct labor Total $ 49,980. Covers $ 23.80 $ 10,920 5.20 Variable manufacturing overhead $ 5,460 2.60 $ 31.60 At standard, each set of covers should require 3.0 yards of material. All of the…

Crane Inc. manufactures two products, sweaters and jackets. The company has estimated its overhead in the order-processing department to be $193000. The company produces 54000 sweaters and 75000 jackets each year. Sweater production requires 27000 machine hours, jacket production requires 52000 machine hours. The company places raw materials orders 10 times per month, 4 times for raw materials for sweaters and the remainder for raw materials for jackets. How much of the order-processing overhead should be allocated to jackets? O $48250 O $115800 $69250 O $158200

Marvel Parts, Incorporated, manufactures auto accessories. One of the company’s products is a set of seat covers that can be adjusted to fit nearly any small car. The company has a standard cost system in use for all of its products. According to the standards that have been set for the seat covers, the factory should work 990 hours each month to produce 1,980 sets of covers. The standard costs associated with this level of production are:     Total Per Set of Covers Direct materials $ 45,738 $ 23.10 Direct labor $ 6,930 3.50 Variable manufacturing overhead (based on direct labor-hours) $ 3,168 1.60   $ 28.20   During August, the factory worked only 1,000 direct labor-hours and produced 2,500 sets of covers. The following actual costs were recorded during the month:     Total Per Set of Covers Direct materials (10,000 yards) $ 56,000 $ 22.40 Direct labor $ 9,250 3.70 Variable manufacturing overhead $ 4,500 1.80   $ 27.90   At standard, each set of covers…

Waterway Engine Incorporated produces engines for the watercraft industry. An outside manufacturer has offered to supply several component parts used in the engine assemblies, which are currently being produced by Waterway. The supplier will charge Waterway $315 per engine for the set of parts. Waterway's current costs for those part sets are direct materials, $140; direct labor, $80; and manufacturing overhead applied at 100% of direct labor. Variable manufacturing overhead is considered to be 20% of the total, and fixed overhead will not change if the part sets are acquired from the outside supplier. Required: a. What would be the net cost advantage or disadvantage if Waterway decided to purchase the parts? b. Should Waterway Engine continue to make the part sets or accept the offer to purchase them for $315? a. b. Waterway Engine Incorporated should

Box Springs, Inc., makes two sizes of box springs: twin and double. The direct material for the twin is $30 per unit and $45 is used in direct labor, while the direct material for the double is $45 per unit, and the labor cost is $50 per unit. Box Springs estimates it will make 5,000 twins and 10,000 doubles in the next year. It estimates the overhead for each cost pool and cost driver activities as follows: Activity CostPools Driver EstimatedOverhead Use perTwin Use perDouble Framing Square Feet of Pine $270,000 6,000 3,000 Padding Square Feet of Quilting 230,000 130,000 100,000 Filling Square Feet of Filling 240,000 450,000 350,000 Labeling Number of Boxes 250,000 850,000 400,000 Inspection Number of Inspections 165,000 11,000 4,000 After grouping cost pools and estimating overhead and activities, Box Springs determined these rates: Purchasing (per order) $56 Utilities (per square foot) 2 Machine Setups (per machine hour) 7 Supervision (per direct labor hour)…

Box Springs, Inc., makes two sizes of box springs: twin and double. The direct material for the twin is $25 per unit and $40 is used in direct labor, while the direct material for the double is $45 per unit, and the labor cost is $50 per unit. Box Springs estimates it will make 5,000 twins and 10,000 doubles in the next year. It estimates the overhead for each cost pool and cost driver activities as follows: Activity Cost Estimated Use per Use per Pools Driver Overhead Twin Double Framing Square Feet of Pine $280,000 5,000 3,000 Padding Square Feet of Quilting 220,000 130,000 90,000 Filling Square Feet of Filling 225,000 500,000 250,000 Labeling Number of Boxes 230,000 750,000 400,000 Inspection Number of Inspections 187,000 13,000 4,000 How much does each unit cost to manufacture? Do not round intermediate computations but round final answers for the fields below to the nearest whole number. Total Cost per Unit Twin Double Direct Material Direct Labor Cost Overhead Total per Unit $

Kaumajet Factory produces two products: table lamps and desk lamps. It has two separate departments: Fabrication and Assembly. The factory overhead budget for the Fabrication Department is $644,490, using 325,500 direct labor hours. The factory overhead budget for the Assembly Department is $596,624, using 76,100 direct labor hours. If a table lamp requires 4 hours of fabrication and 7 hour of assembly, the total amount of factory overhead that Kaumajet Factory will allocate to table lamps using the multiple production department factory overhead rate method with an allocation base of direct labor hours if 9,200 units are produced is a.$72,128 b.$312,751 c.$150,035 d.$577,760

Isaacson's Fine Furnishings manufactures upscale custom furniture. Isaacson's currently uses a plantwide overhead rate based on direct labor hours to allocate its $1,170,000 of manufacturing overhead to individual jobs.​ However, Delores Johnson​, owner and​ CEO, is considering refining the​ company's costing system by using departmental overhead rates.​ Currently, the Machining Department incurs $735,000 of manufacturing overhead while the Finishing Department incurs $435,000 of manufacturing overhead. Johnson has identified machine hours​ (MH) as the primary manufacturing overhead cost driver in the Machining Department and direct labor​ (DL) hours as the primary cost driver in the Finishing Department The Isaacson's plant completed Jobs 450 and 455 on May 15. Both jobs incurred a total of 7 DL hours throughout the entire production process. Job 450 incurred 1 MH in the Machining Department and 6 DL hours in the Finishing Department​ (the other DL hour occurred in the Machining​…

Digital cameras and video cameras are two goods that are manufactured by Everlasting Company. Activity-based costing system is utilized by the firm. The annual production and sales volume of video cameras is 8,000 units and of digital cameras is 10,000 units. Direct costs for the video cameras are $153; for the digital cameras, direct costs are $122. For overhead costs, there are 3 activity cost pools attached with the given expected activities as well as estimated total costs: Activity Cost Estimated Expected Expected Total Рool Cost Activity iPods Activity MP3 players Activity 1 $30,000 100 500 600 Activity 2 $45,000 600 300 900 Activity 3 $96,600 400 2,000 2,400 Using ABC, determine the following: • Total cost per video camera • Total cost per digital camera