Drive Safe, Inc. a leading manufacturer of car spare parts, divided its manufacturing process into two Departments - Production and Packing. The estimated overhead costs for the Production and Packing departments amounted to $14,000,000 and $20,000,000, respectively. The company produces two types of parts - Part 1 and Part 2. The total estimated labor hours for the year were 40,000, and estimated machine hours were 35,000. The Production department is mechanized, whereas the Packing department is labor oriented. Calculate the amount of manufacturing overhead costs allocated to Part 1.   Production Packing Machine hours Labor hours Part 1 10,000 30,000 Part 2 25,000 10,000           35,000 40,000

Tri-bikes manufactures two different levels of bicycles: the Standard and the Extreme. The total overhead of $300,000 has traditionally been allocated by direct labor hours, with 150,000 hours for the Standard and 50,000 hours for the Extreme. After analyzing and assigning costs to two cost pools, it was determined that machine hours is estimated to have $200,000 of overhead, with 4,000 hours used on the Standard product and 1,000 hours used on the Extreme product. It was also estimated that the setup cost pool would have $100,000 of overhead, with 1,000 hours for the Standard and 1,500 hours for the Extreme. Required: Calculate the amount of overhead assigned per product, under traditional and under ABC costing.

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 ofUnits Direct Labor HoursPer Unit Machine HoursPer Unit   Rings 1,120 5 5   Dings 2,320 7 7 All of the machine hours take place in the Fabrication Department, which has estimated total factory overhead of $84,400. All of the labor hours take place in the Assembly Department, which has estimated total factory overhead of $70,600. Aleutian Company uses the multiple production department factory overhead rate method. The Fabrication Department uses machine hours as an allocation base, and the Assembly Department uses direct labor hours. The total factory overhead allocated per unit of Dings is a.$49.63 b.$35.45 c.$45.06 d.$3.75

Alpesh

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 ofUnits Direct Labor HoursPer Unit Machine HoursPer Unit   Rings 1,000 5 7   Dings 2,740 7 10 All of the machine hours take place in the Fabrication Department, which has estimated total factory overhead of $89,300. All of the labor hours take place in the Assembly Department, which has estimated total factory overhead of $65,100. Aleutian Company uses the multiple production department factory overhead rate method. The Fabrication Department uses machine hours as an allocation base, and the Assembly Department uses direct labor hours. The total factory overhead allocated per unit of Rings is a.$31.65 b.$3.44 c.$44.83 d.$41.28

Ready Company has two operating (production) departments: Assembly and Painting. Assembly has 210 employees and occupies 56,400 square feet; Painting has 140 employees and occupies 37,600 square feet. The company has indirect expenses that consist of administrative expenses of $87,000 and maintenance expenses of $105,000. Administrative expenses are allocated based on the number of workers in each department and maintenance is allocated based on square footage. The amount of maintenance expenses that should be allocated to the Assembly Department for the current period is: Multiple Choice O $52,200. O $63,000. O $115,200. O $115,950. O $126,000.

Vandalay Industries manufactures two products: toasters and blenders. The annual production and sales of toasters is 2,100 units, while 1,700 units of blenders are produced and sold. The company Khas traditionally used direct labor hours to allocate its overhead to products. Toasters require 1.25 direct labor hours per unit, while blenders require 0.75 direct labor hours per unit. The total estimated overhead for the period is $148,315. The company is looking at the possibility of changing to an activity-based costing system for its products. If the company used an activity-based costing system, it would have the following three activity cost pools Expected activity Estimated overhead cost $8.585 $71,980 880 engineering hours $67,750 2,625 direct labor hours $148.315 The cost pool activity rate for Engineering Costs would be closest to (Round all answers to two decimal places.) Activity cost pool Setup costs Engineering costs Maintenance costs Total Toasters 205 batches OA $56 45 per…

Reliable Car Parts, a manufacturer of spare parts, has two production departments-Assembling and Packaging. The Assembling Department is mechanized, while the Packaging Department is labor oriented. Estimated manufacturing overhead costs for the year were $15,700,000 for Assembling and $11,000,000 for Packaging. Calculate the department predetermined overhead allocation rates for the Assembling and Packaging Departments, respectively, if the total estimated machine hours were 47,000 and labor hours were 22,000 for the year. (Round your answer to the nearest cent.) OA. $334.04, $500.00 O B. $334.04, $713.64 OC. $234.04, $713.64 O D. $713.64, $234.04