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(Solved): Applied Overhead and Unit Overhead Cost: Plantwide Rates Seco, Inc. produces two types of elothes d ...
Applied Overhead and Unit Overhead Cost: Plantwide Rates Seco, Inc. produces two types of elothes dryers: deluxe and regular. Seco uses a plantwide rate based an direct tabor hours to assign its overtiead costs. The company has the following estimated and actual data for the coming year; Required 1. Calculate the predetermined plantwide overhead rate, using clirect labor hours. per hour Calculate the applied overhead for each product, using direct laboe hours.
1. Calculate the predetermined plantwide overhead rate, using direct labor hours. per hour Calculate the applied overhead for each product, using direct labor hours. 2. Caliculate the overhed cost per unit for each product. If required, round your answers to the nearest cent. 3. What if the deluxe product used 20,000 hours (to produce 20,000 units) instead of 10,000 hours (tetal expected hours remain the same)? Calculate the effect on the profitability of this product line if ali 20,000 wnits are sold. Profits would