Multiple production department factory overhead rate methodSpielman Leather, Inc., produces three sizes of sports gloves: small, medium, and large. A glove pattern is first stenciled onto leather in the Pattern Department. The stenciled patterns are then sent to the Cut and Sew Department, where the glove iscut and sewed together. Spielman Leather uses the multiple production department factory overhead rate method of allocating factory overhead costs. Its factory overhead costs were budgeted as follows:Pattern Department overheadCut and Sew Department overheadTotal$158,700266,800$425,500The direct labor estimated for each production department was as follows:2,300 direct labor hours2,9005,200 direct labor hoursPattern DepartmentCut and Sew DepartmentTotalDirect labor hours are used to allocate the production department overhead to the products. The direct labor hours per unit for each product for each production department were obtained from the engineering records as follows:Production DepartmentsSmall Glove Medium GloveLarge GlovePattern DepartmentCut and Sew DepartmentDirect labor hours per unitIf required, round all per unit answers to the nearest cent.$0.040.07$$0.050.090.110.14a. Determine the two production department factory overhead rates.Pattern department $per dlhper dlhCut and Sew department $b. Use the two production department factory overhead rates to determine the factory overhead per unit for each product.Small gloveper unitMedium gloveper unitLarge gloveper unit.0.060.110.17

Name: Multiple production department factory overhead rate methodSpielman L
Uploaded: 2024-03-20T06:32:49.000Z
Channel: Bartleby
Description: Multiple production department factory overhead rate methodSpielman Leather, Inc., produces three sizes of sports gloves: small, medium, and large. A glove pattern is first stenciled onto leather in the Pattern Department. The stenciled patterns are