Question

23)
Adam Davis Acct 212: 2016 Spring B15

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Laval produces lamps and home lighting fixtures. Its most popular product is a brushed aluminum desk lamp. This lamp is made from components shaped in the fabricating department and assembled in its assembly department. Information related to the 28,000 desk lamps produced annually follow.          Direct materials $270,000    Direct labor          Fabricating department (7,000 DLH × $30 per DLH) $210,000       Assembly department (15,800 DLH × $22 per DLH) $347,600    Machine hours          Fabricating department  15,200 MH      Assembly department  20,550 MH   Expected overhead cost and related data for the two production departments follow.   FabricatingAssembly  Direct labor hours  210,000 DLH   260,000 DLH   Machine hours  156,000 MH   133,000 MH   Overhead cost $400,000   $440,000    Required1.Determine the plantwide overhead rate for Laval using direct labor hours as a base.       2.Determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate. (Round the intermediate calculations to 2 decimal places for overhead costs.)       3.Compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department.(Round your answers to 2 decimal places.)      4.Use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps. (Round the intermediate calculations to 2 decimal places for overhead costs.)

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