Question

22) 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 2015 follow.    MoldingTrimming  Direct labor hours  53,000 DLH   52,000 DLH   Machine hours  32,500 MH   3,200 MH   Overhead costs $800,000   $580,000    Data for two special order parts to be manufactured by the company in 2015 follow:   Part A27CPart X82B  Number of units 10,800 units  51,000 units   Machine hours             Molding 5,300 MH  1,060 MH      Trimming 3,200 MH  800 MH   Direct labor hours              Molding 4,000 DLH  3,150 DLH      Trimming 900 DLH  4,500 DLH Required1.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. (Round “OH rate” to 2 decimal places.)

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