Dartmouth Corporation manufactures two models of motorized go−carts, a standard and a deluxe model. The following activity and cost information has been compiled: Product Number of Setups Number of Components Number of Direct Labor Hours Standard 17 6 790 Deluxe 31 15 400 Overhead Costs $18,240 $21,000 Assume a traditional costing system applies the $39,240 of overhead costs based on direct labor hours. What is the total amount of overhead cost assigned to the standard model? (Do not round interim calculations. Round the final answer to the nearest whole dollar.)
Dartmouth Corporation manufactures two models of motorized go−carts, a standard and a deluxe model. The following activity and cost information has been compiled: Product Number of Setups Number of Components Number of Direct Labor Hours Standard 17 6 790 Deluxe 31 15 400 Overhead Costs $18,240 $21,000 Assume a traditional costing system applies the $39,240 of overhead costs based on direct labor hours. What is the total amount of overhead cost assigned to the standard model? (Do not round interim calculations. Round the final answer to the nearest whole dollar.)
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter4: Accounting For Factory Overhead
Section: Chapter Questions
Problem 4P: Using the data in P4-2 and Microsoft Excel: 1. Separate the variable and fixed elements. 2....
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Question
Dartmouth Corporation manufactures two models of motorized
go−carts,
a standard and a deluxe model. The following activity and cost information has been compiled:
Product
|
Number of Setups
|
Number of Components
|
Number of Direct Labor Hours
|
|
Standard
|
17
|
6
|
790
|
|
Deluxe
|
31
|
15
|
400
|
|
|
|
|
|
|
|
$18,240
|
$21,000
|
|
|
Assume a traditional costing system applies the $39,240 of overhead costs based on direct labor hours. What is the total amount of overhead cost assigned to the standard model? (Do not round interim calculations. Round the final answer to the nearest whole dollar.)
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