145. Time Bender Company makes watches and clocks. The following estimated data are available for the company’s next fiscal year:Total direct labor costs: $1,700,000Total setup costs: $190,000 ...





145. Time Bender Company makes watches and clocks. The following estimated data are available for the company’s next fiscal year:
Total direct labor costs: $1,700,000
Total setup costs: $190,000






























Watches




Clocks




Expected production




800,000




100,000




Direct labor hours needed




68,000 DLH




17,000 DLH




Machine setups needed




1,000 setups




1,000 setups





Determine the setup cost per unit for the watches and the clocks if setup costs are assigned using a plantwide overhead rate based on direct labor hours. (Round to two decimal places.)







146. Base Runner, Inc. manufactures baseball bats that go through two operations, cutting and sanding, before they are complete. Expected costs and activities for the two departments are shown in the following table:






























Cutting




Sanding




Direct labor hours




50,000 DLH




5,000 DLH




Machine hours




25,000 MH




50,000 MH




Overhead costs




$50,000




$37,500






a. Compute a departmental overhead rate for the cutting department based on machine hours.
b. Compute a departmental overhead rate for the sanding department based on machine hours.







147. Blast Rocket Company manufactures candy-coated popcorn treats that go through two operations, popping and baking, before they are complete. Expected costs and activities for the two departments are shown in the following table:






























Popping




Baking




Direct labor hours




238,000 DLH




50,000 DLH




Machine hours




25,000 MH




141,500 MH




Overhead costs




$357,000




$452,800





a. Compute a departmental overhead rate for the popping department based on direct labor hours.
b. Compute a departmental overhead rate for the baking department based on machine hours.







148. Freeze Frame, Inc. produces cameras that require three processes, A, B, and C, to complete. Digital camera model #789 is the best-selling of all the many types of cameras produced. Information related to the 550,000 units of digital camera model #789 produced annually is shown below.











































Direct materials




$450,000




Direct labor







Department A (7,000 DLH x $21 per DLH)




$147,000




Department B (25,000 DLH x $19 per DLH)




$475,000




Department C (10,000 DLH x $26 per DLH)




$260,000




Machine Hours







Department A




42,000 MH




Department B




23,000 MH




Department C




38,000 MH





Freeze Frame’s total expected overhead costs and related overhead data are shown below:


































Department A




Department B




Department C




Direct labor hours




90,000 DLH




75,000 DLH




42,000 DLH




Machine hours




67,500 MH




135,000 MH




53,200 MH




Manufacturing overhead costs




$540,000




$675,000




$399,000





a. Compute a departmental overhead rate for department A based on direct labor hours.
b. How much overhead is associated with model 789 from department A?



c. Compute a departmental overhead rate for department B based on direct labor hours.
d. How much overhead is associated with model 789 from department B?
e. Compute a departmental overhead rate for department C based on direct labor hours.
f. How much overhead is associated with model 789 from department C?



g What is the per unit cost of the 550,000 units of model 789?







149. Freeze Frame, Inc. produces cameras that require three processes, A, B, and C, to complete. Digital camera model #789 is the best-selling of all the many types of cameras produced. Information related to the 550,000 units of digital camera model #789 produced annually is shown below:











































Direct materials




$450,000




Direct Labor







Department A (7,000 DLH x $21 per DLH)




$147,000




Department B (25,000 DLH x $19 per DLH)




$475,000




Department C (10,000 DLH x $26 per DLH)




$260,000




Machine Hours







Department A




42,000 MH




Department B




23,000 MH




Department C




38,000 MH





Freeze Frame’s total expected overhead costs and related overhead data are shown in the following table:


































Department A




Department B




Department C




Direct labor hours




90,000 DLH




75,000 DLH




42,000 DLH




Machine hours




67,500 MH




135,000 MH




53,200 MH




Manufacturing overhead costs




$540,000




$675,000




$399,000





a. Compute a departmental overhead rate for department A based on machine hours.
b. How much overhead is associated with model 789 from department A?



c. Compute a departmental overhead rate for department B based on direct labor hours.
d. How much overhead is associated with model 789 from department B?
e. Compute a departmental overhead rate for department C based on machine hours.
f. How much overhead is associated with model 789 from department C?



g What is the per unit cost of the 550,000 units of model 789?









May 15, 2022
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