Given the following expense/revenue and payments/receipts…determine the requested balances. insurance expense 25200 rent expense 18000 interest revenue 15000 interest expense 8000 salary expense 1 the following balances are excerpted from the company's balance sheets 12/31/12 12/31/11 prepaid insurance 1800 ? prepaid rent 2500 ? interest receivable ? 3800 interest payable ? 2800 salaries payable 9000 ? insurance premium paid? 18500 rental payments? 19000 interest received? 16500 interest paid ? 9200 salaries paid? 9000

Laval produces lamps and home lighting fixtures. its most popular product is a brushed aluminum desk lamp. this lamp is made from components shaped in the fabricating department and assembled in the assembly department. information related to the 22,000 desk lamps produced annually follows.direct materials $280,000direct labor fabricating department (8,000 dlh × $24 per dlh) $192,000assembly department (16,600 dlh × $26 per dlh) $431,600machine hours fabricating department $15,200mhassembly department $20,850mhexpected overhead cost and related data for the two production departments follow.fabricating assemblydirect labor hours 150,000dlh 295,000dlhmachine hours 161,000mh 128,000mhoverhead cost $400,000 430,000required1. determine the plantwide overhead rate for laval using direct labor hours as a base.2. determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate.3. compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department.4. use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps.