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1)
The Botosan Factory has determined that its budgeted factory overhead budget for the year is $615,420 and budgeted direct labor hours are 473,400. If the actual direct labor hours for the period are 430,800, how much overhead would be allocated to the period? Oa, $576,841 Ob. $560,040 Oc. $476,034 Od. $677,648
2)
Blue Ridge Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead rate for allocating overhead to products. However, management is considering moving to a multiple department rate system for allocating overhead. The following table presents information about estimated overhead and direct labor hours Product Direct Labor Hours (dlh) 11,200 dlh Overhead $241,500 72,400 $313,900 Painting Dept. 16 dlh 3 dlh 17 20 dlh Finishing Dept 6,900 4 Totals 18,100 dlh 20 dlh Determine the overhead in the Painting Department for each unit of Product B if Blue Ridge Marketing Inc. uses a multiple department rate system. Oa. $31.48 per unit Ob. $52.03 per unit Oc. $21.56 per unit Od. $64.68 per unit
3)
Blackwelder Factory produces two similar products-small lamps and desk lamps. The total plant overhead budget is $644,000 with 542,000 estimated direct labor hours. It is further estimated that small lamp production will require 281,000 direct labor hours and desk lamp production will need 261,000 direct labor hours. Using the single plantwide factory overhead rate with an allocation base of direct labor hours, how much factory overhead will Blackwelder Factory allocate to desk lamp production if actual direct hours for the period is 219,000. Oa. $826,320 Ob. $260,610 Oc. $540,368 Od. $383,390
4)
Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below Procurement Scheduling Materials handling Product development Production 370,000 250,000 500,000 730,000 1,500,000 Number of purchase orders Number of production orders Number of moves Number of engineering changes Machine hours Number of Number of Number Number of Purchase Orders 4,000 4,000 12,000 Number of Units 2,000 4,000 2,500 of Moves 1,400 Engineering Machine Production Orders 300 150 800 Changes Hours Disk drives Tape drives Wire drives 10 10 25 2,000 8,000 10,000 800 4,000 Determine the activity-based cost for each disk drive unit Oa. $394.1:2 Ob. $130.69 Oc. $92.25 Od. $279.57
5)
Pinacle Corp. budgeted $268,490 of overhead cost for the current year. Actual overhead costs for the year were $213,580. Pinacles plantwide allocation base, machine hours, was budgeted at 51,910 hours. Actual machine hours were 57,040. A total of 105,800 units was budgeted to be produced and 98,000 units were actually produced. Pinacles plantwide factory overhead rate for the current year is: Oa. $5.17 per machine hour Ob. $4.11 per machine hour Oc. $2.54 per machine hour Od. $2.02 per machine hour
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