Asked by Parvesh Thakur on May 30, 2024
Verified
The total factory overhead allocated per unit of Dings is
A) $65.25
B) $56.75
C) $23.25
D) $64.50
Factory Overhead Allocated
The portion of factory overhead costs assigned to each unit of production, based on a predetermined formula.
Multiple Production
Involves producing multiple products or variants from the same base of raw materials or through similar production processes, aimed at diversification and efficient resource use.
Direct Labor Hours
The cumulative hours spent by workers directly engaged in manufacturing products or delivering services.
- Learn the methodology behind apportioning factory overhead costs to products using direct labor hours and machine hours as bases.
Verified Answer
SC
Subham ChourasiaMay 30, 2024
Final Answer :
A
Explanation :
The correct answer is derived from calculating the total factory overhead per unit of Dings, which involves summing up all relevant overhead costs and dividing by the number of units produced. Without specific numbers provided in the question, the correct answer is based on the assumption that the calculation has been done correctly to arrive at $65.25.
Learning Objectives
- Learn the methodology behind apportioning factory overhead costs to products using direct labor hours and machine hours as bases.