Question : 51. The Baffin Factory has determined that its budgeted factory overhead : 1246999

51. The Baffin Factory has determined that its budgeted factory overhead budget for the year is $7,750,000 and budgeted direct labor hours are 5,000,000. Using the single plantwide factory overhead rate based on direct labor hours, determine the factory overhead rate for the year. 
A. $1.55
B. $1.20
C. $.74
D. cannot be determined

52. The Cunningham Factory has determined that its budgeted factory overhead budget for the year is $6,750,000 and budgeted direct labor hours are 5,000,000. If the actual direct labors for the period are 180,000 and direct labor hours is the allocation base, the factory overhead allocation using the single plantwide factory overhead rate is? 
A. $375,000
B. $133,333
C. $243,000
D. cannot be determined

53. Blackwelder Factory produces two similar products – small lamps and desk lamps. The total plant overhead budget is $640,000 with 400,000 estimated direct labor hours. It is further estimated that small lamp production will have 275,000 direct labor hours and desk lamp production will require 125,000 direct labor hours. Using the single plantwide factory overhead rate with an allocation base of direct labor hours, how much factory overhead will be allocated to the small lamp production if the actual direct hours for the period is 290,000? 
A. $220,690
B. $400,000
C. $440,000
D. $464,000

54. Inglefield Factory produces two similar products – small lamps and desk lamps. The total plant overhead budget is $640,000 with 400,000 estimated direct labor hours. It is further estimated that small lamp production will have 275,000 direct labor hours and desk lamp production will require 125,000 direct labor hours. Using the single plantwide factory overhead rate with an allocation base of direct labor hours, how much factory overhead will be allocated to the desk lamp production if the actual direct hours for the period is 121,000? 
A. $220,690
B. $200,000
C. $193,600
D. $279,000

55. Challenger Factory produces two similar products – small lamps and desk lamps. The total plant overhead budget is $640,000 with 400,000 estimated direct labor hours. It is further estimated that small lamp production will use 3 direct labor hours for each unit and desk lamp production will require 1.25 direct labor hours for each unit. Using the single plantwide factory overhead rate with an allocation base of direct labor hours, how much factory overhead will be allocated to the desk lamp production if the actual production for the period is 121,000 units? 
A. $151,250
B. $242,000
C. $580,800
D. $363,000

56. Innutian Factory produces two similar products – small lamps and desk lamps. The total plant budget is $640,000 with 400,000 estimated direct labor hours. It is further estimated that small lamp production will use 3 direct labor hours for each unit and desk lamp production will require 1.25 direct labor hours for each unit. Using the single plantwide factory overhead rate with an allocation base of direct labor hours, how much factory overhead will be allocated to the small lamp production if the actual production for the period is 108,000 units? 
A. $518,400
B. $324,000
C. $580,800
D. $363,000

57. The Sawtooth Leather Company manufactures leather handbags (H) and moccasins (M). For simplicity reasons, they have decided to use the single plantwide factory overhead rate method to allocate factory overhead. The factory overhead estimated per unit together with direct materials and direct labor will help determine selling prices. Calculate the amount of factory overhead to be allocated to each unit using direct labor hours.
Handbags = 60,000 units, 2 hours of direct labor
Moccasins= 40,000 units, 3 hours of direct labor
Total Budgeted factory overhead cost = $360,000 
A. (H) $1.50 , (M) $1.50
B. (H) $3.00, (M) $4.50
C. (H) $3.00, (M) $3.00
D. (H) $2.40, (M) $2.40

58. The Kaumajet Factory produces two products – small lamps and desk lamps. It has two separate departments – finishing and production. The overhead budget for the finishing department is $550,000, using 500,000 direct labor hours. The overhead budget for the production department is $400,000 using 80,000 direct labor hours. If the budget estimates that a small lamp will require 2 hours of finishing and 1 hours of production, how much factory overhead will be allocated to each unit of small lamps using the multiple production department factory overhead rate method with an allocation base of direct labor hours? 
A. $6.33
B. $4.91
C. $5.00
D. $7.20

59. The Haddington Factory produces two products – small lamps and desk lamps. It has two separate departments – finishing and production. The overhead budget for the finishing department is $550,000, using 500,000 direct labor hours. The overhead budget for the production department is $400,000 using 80,000 direct labor hours. If the budget estimates that a desk lamp will require 1 hours of finishing and 2 hours of production, how much factory overhead will be allocated to each unit of desk lamps using the multiple production department factory overhead rate method with an allocation base of direct labor hours? 
A. $11.10
B. $4.91
C. $5.00
D. $10.00

60. The Conger Factory produces two products – small lamps and desk lamps. It has two separate departments – finishing and production. The overhead budget for the finishing department is $550,000, using 500,000 direct labor hours. The overhead budget for the production department is $400,000 using 80,000 direct labor hours. If the budget estimates that a small lamp will require 2 hours of finishing and 1 hours of production, what is the total amount of factory overhead to be allocated to small lamps using the multiple production department factory overhead rate method with an allocation base of direct labor hours, if 75,000 units are produced? 
A. $400,000
B. $540,000
C. $550,000
D. $368,250