Can you please check my work Textra Plastics produces parts for a variety of small machine manufacturers. Most products go through two operations, molding andtrimming, before they are ready for packaging. Expected costs and activities for the molding department and for the trimmingdepartment for this year follow.Molding50,000 DLH36,500 MH$780,000Trimming48,000 DLH4,100 MH$550,000Direct labor hoursMachine hoursOverhead costsData for two special-order parts to be manufactured by the company in this year follow.Part A27CPart X82BNumber of units10,200 units51,500 unitsMachine hoursMoldingTrimming6,200 MH3,800 MH1,240 MH950 MHDirect labor hoursMoldingTrimming5,000 DLH2,850 DLH2,500 DLH500 DLHRequired:1. Compute the plantwide overhead rate using direct labor hours as the base.2. Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1.Complete this question by entering your answers in the tabs below.Required 1Required 2Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1. (Round "OHrate" to 2 decimal places.)Activity DriverPlantwide OH rateTotal Overhead CostPart rart AZICPart A ODNumber of units10,200 units51,500 unitsMachine hoursMoldingTrimming6,200 MH3,800 MH1,240 MH950 MHDirect labor hoursMoldingTrimming5,000 DLH2,850 DLH2,500 DLH500 DLHRequired:1. Compute the plantwide overhead rate using direct labor hours as the base.2. Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1.Complete this question by entering your answers in the tabs below.Required 1Required 2Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1. (Round "OHrate" to 2 decimal places.)PartActivity DriverPlantwide OH rateTotal Overhead CostA27C6,2002413.20X82B5,650 $13.202474,580< Required 1Required 2

Working for Part 1: Molding Trimming Total Direct labor hours In DLH 50,000…

Textra Plastics produces parts for a variety of small machine manufacturers. Most products go through two operations, molding and trimming, before they are ready for packaging. Expected costs and activities for the molding department and for the trimming department for this year follow. Direct labor hours Machine hours Overhead costs Molding 50,000 DLH 36,500 MH $780,000 Trimming 48,000 DLH 4,100 MH $550,000 Data for two special-order parts to be manufactured by the company in this year follow. Part A27C 10,200 units Part X82B Number of units Machine hours Molding Trimming Direct labor hours 51,500 units 6,200 MH 3,800 MH 1,240 MH 950 MH Molding Trimming 5,000 DLH 500 DLH 2,850 DLH 2,500 DLH Required: 1. Compute the plantwide overhead rate using direct labor hours as the base. 2. Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1.

Textra Plastics produces parts for a variety of small machine manufacturers. Most products go through two operations, molding and trimming, before they are ready for packaging. Expected costs and activities for the molding department and for the trimming department for this year follow. Direct labor hours Machine hours Overhead costs Molding 50,000 DLH 36,500 MH $780,000 Trimming 48,000 DLH 4,100 MH $550,000 Data for two special-order parts to be manufactured by the company in this year follow. Part A27C 10,200 units Part X82B Number of units Machine hours Molding Trimming Direct labor hours 51,500 units 6,200 MH 3,800 MH 1,240 MH 950 MH Molding Trimming 5,000 DLH 500 DLH 2,850 DLH 2,500 DLH Required: 1. Compute the plantwide overhead rate using direct labor hours as the base. 2. Determine the overhead cost assigned to each product line using the plantwide rate computed in requirement 1.

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter8: Budgeting

Section: Chapter Questions

Problem 4CMA: Krouse Company produces two products, forged putter heads and laminated putter heads, which are sold...

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