Chapter 17 Homework xy rel WileyPLUS x CPerdon Corporation M

?Chapter 17 Homework xy rel WileyPLUS x CPerdon Corporation Man x CSecure https//edugen.wileyplus.c uni WileyPLUS : Kimmel, Accounting, 6e TER VERSION ASSIGNMENT RESOURCES Exercise 17-5 (Part Level Submission) Chapter 17 Homework Assignment (Part Level Perdon Corporation manufactures safes-large mobile safes, and large walk-in stationary bank safes. As part of its annual budgeting process, Perdon is analyzing the profitability of its two products. Part of this analysis involves estimating the amount of overhead to be allocated to each product line. The information shown below relates to overhead. Units planned for production Material moves per product line Purchase orders per product Ene Direct labor hours per product line Mobile Safes 190 290 440 810 Walk-in Safes 49 210 350 1,690 Level Subnission) xYour answer is incorrect. Try again. The total estimated manufacturing overhead was $263,000. Under traditional costing (which assigns overhead on the basis of direct labor hours), what amount of manufacturing overhead costs are assigned to: (Round answers to 2 decmal places, e.g. 12.25) (1) One mobile safo (2) One walk-in safe unit Attempts: 2 of 5 used SAVE FOR LATER SUBMIT ANSWER (b1) The parts of this question must be completed in order. This part wil be available when you complete the part above (b2) The parts of this question must be completed in order. This part wil be availabie when you complete the part above The parts of this question must be completed in order. This part wil be available when you complete the part above 10:40 AM 6/27/2018 8 O Type here to search ^??

Solution

(a)

Working:

Predetermined overhead rate = Total estimated manufacturing overhead/Total estimated direct labor hours = $263000/2500 = $105.20 per direct labor hour

Total estimated direct labor hours = 810 + 1690 = 2500

(1)	One mobile safe	$        448.48	per unit
(2)	One walk-in safe	$    3,628.33	per unit