Hydro Sports budgets overhead cost of $540,000 for the year; of this amount, $315,000 is traceable to the Assembly department and $225,000 is traceable to the Finishing department. The company manufactures two types of jet skis: standard and deluxe. Budgeted direct labor hours for the standard model are 5 in Assembly and 2 in Finishing. Budgeted direct labor hours for the deluxe model are 10 in Assembly and 4 in Finishing. The company budgets production of 150 units of the standard model and 150 units of the deluxe model for the year. 1. Compute each department's total number of budgeted direct labor hours for the year. 2. Compute departmental overhead rates for each department using direct labor hours for that department. 3. Compute overhead cost per unit for each model using departmental overhead rates. Actual direct labor hours for the standard model are 5 in Assembly and 2 in Finishing. Actual direct labor hours for the deluxe model are 10 in Assembly and 4 in Finishing. Complete this question by entering your answers in the tabs below. Compute each department's total number of budgeted direct labor hours for the year. Complete this question by entering your answers in the tabs below. Compute departmental overhead rates for each department using direct labor hours for that department. Complete this question by entering your answers in the tabs below. Compute overhead cost per unit for each model using departmental overhead rates. Actual direct labor hours for the standard model are 5 in Assembly and 2 in Finishing. Actual direct labor hours for the deluxe model are 10 in Assembly and 4 in Finishing..

1. Hydro Sports budgets overhead cost of $540,000 for the year; of this amount, $315,000 is
traceable to the Assembly department and $225,000 is traceable to the Finishing department. The
company manufactures two types of jet skis: standard and deluxe. Budgeted direct labor hours
for the standard model are 5 in Assembly and 2 in Finishing. Budgeted direct labor hours for the
deluxe model are 10 in Assembly and 4 in Finishing. The company budgets production of 150
units of the standard model and 150 units of the deluxe model for the year. 1. Compute each
department's total number of budgeted direct labor hours for the year. 2. Compute departmental
overhead rates for each department using direct labor hours for that department. 3. Compute
overhead cost per unit for each model using departmental overhead rates. Actual direct labor
hours for the standard model are 5 in Assembly and 2 in Finishing. Actual direct labor hours for
the deluxe model are 10 in Assembly and 4 in Finishing. Complete this question by entering your
answers in the tabs below. Compute each department's total number of budgeted direct labor
hours for the year.
Complete this question by entering your answers in the tabs below. Compute departmental
overhead rates for each department using direct labor hours for that department.
Complete this question by entering your answers in the tabs below. Compute overhead cost per
unit for each model using departmental overhead rates. Actual direct labor hours for the standard
model are 5 in Assembly and 2 in Finishing. Actual direct labor hours for the deluxe model are
10 in Assembly and 4 in Finishing.