CarMaxBrowse use GH 295 3ee 465 Number of inspections Machin

CarMax-Browse use GH 295 3ee 465 Number of inspections Machine hours 5,388 7e 70 178 2,330 78 158 355 Rework orders Purchase orders Required Using a plantwide overhead rate based on machine hours, compute the overhead cost per unit for each line. Machine hours Machine hours o per unit are T0 for Modul 1a ah product line if the direct labor and direct materials costs per unit Determine the total cost are $180 for Model 145 and $200 for Model 212 l?H Cost per Units Produced. I Plantwide OH | TotalOverhead Cost head Assigned Model 145 Model 212 Driver un- rate Model 145 Model 212 if the market price for Model 145 is $748 and the market price for Model 212 is $490, determine the profit or per unit for each model. Model 145 Model 212 Market price K Prey 6 of 1l Next>

Solution

1 Overhead Cost Component Deptt Overhead Cost 981600 Finishing Deptt Overhead Cost 472550 Support Deptt Overhead Cost 228280 Total Overhead Cost [1] 1682430 Machine Hrs Model 145 2330 hrs Model 212 5300 hrs Total Machine Hrs[2] 7630 hrs Plant Wide Overhead Rate = Total Overhead Cost/Total Machine Hrs = $1682430/7630 hrs $               220.50 per hr 2 Overhead Assigned Activity Driver Plantwide OH Rate Total Overhead Cost Units Produced OH Cost per unit Model 145 2330 hrs $ 220.50 $      513,769.58 2100 $ 244.65 Model 212 5300 hrs $ 220.50 $ 1,168,660.42 4200 $ 278.25 Total ManufacturingCost per unit Model 145 Model 212 Material & Labour $               180.00 $ 200.00 Overhead $               244.65 $ 278.25 Total Manufacturing Cost $               424.65 $ 478.25 3 Model 145 Model 212 Market Price $               748.00 $ 490.00 Less: Manufacturing Cost Per unit $               424.65 $ 478.25 Profit/(Loss) PU $               323.35 $    11.75