Challenger Factory Produces Two Similar Products - Regular Widgets and Deluxe

question 51

Multiple Choice

Challenger Factory produces two similar products - regular widgets and deluxe widgets. The total plant overhead budget is $675,000 with 300,000 estimated direct labor hours. It is further estimated that deluxe widget production will need 3 direct labor hours for each unit and regular widget production will require 2 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 regular widget production if budgeted production for the period is 75,000 units and actual production for the period is 72,000 units?

• A) $168,750
• B) $324,000
• C) $162,000
• D) $337,500

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Definitions:

Communications Process

The sequence of steps through which information is exchanged or conveyed from a sender to a receiver, involving encoding, transmission, and decoding of messages.

Communication Process

The transfer of information from a sender to a receiver through a medium, involving encoding, message transmission, reception, and decoding.

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A popular women's magazine that focuses on fashion, beauty, health, and entertainment.

Channel of Communication

The medium through which a message is transmitted from the sender to the receiver, such as email, phone, or face-to-face.