Kaumajet Factory produces two products: table lamps and desk lamps. It has two separate
departments: Fabrication and Assembly. The factory overhead budget for the Fabrication
Department is $601,524, using 455,700 direct labor hours. The factory overhead budget for the
Assembly Department is $536,410, using 67,900 direct labor hours.
If a desk lamp requires 5 hours of fabrication and 8 hours of assembly, the amount of factory
overhead that Kaumajet Factory will allocate to each unit of desk lamp using the multiple
production department factory overhead rate method with an allocation base of direct labor hours
is
a.$16.76
b.$7.90
c.$217.85
d.$69.80.
Kirk Van Houten who has been married for 21 years would li.pdf
1. Kirk Van Houten, who has been married for 21 years, would like to buy his wife an expensive
diamond ring with a platinum setting on their 30-year wedding anniversary. Assume that the cost
of the ring will be $11,500 in 9 years. Kirk currently has $4,427 to invest. What annual rate of
return must Kirk earn on his investment to accumulate enough money to pay for the ring?
