Nonyane (Pty) Ltd produces three special products, TTM, K9K and AAA. The company uses activity-based costing....
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Nonyane (Pty) Ltd produces three special products, TTM, K9K and AAA. The company uses activity-based costing. For all the products, an order is placed and received after two equipment set-ups were done. The following budgeted information is available for the year ended 31 August 2021: Cost- and operational information: Total number of quality inspections Total number of equipment set-ups Total number of orders Production and sales (units) Direct material (cost per unit) Direct labour (cost per unit) Overhead costs: Quality inspection cost Equipment set-up cost Ordering costs TTM K9K AAA 20 45 35 30 40 50 ? ? ? 5 000 3.000 6.000 R50 R90 R65 R40 R25 R55 R 600 000 450 000 300 000 REQUIRED (a) Calculate the activity rates for safety inspections, quality inspections and ordering, respectively. Marks (4) Nonyane (Pty) Ltd produces three special products, TTM, K9K and AAA. The company uses activity-based costing. For all the products, an order is placed and received after two equipment set-ups were done. The following budgeted information is available for the year ended 31 August 2021: Cost- and operational information: Total number of quality inspections Total number of equipment set-ups Total number of orders Production and sales (units) Direct material (cost per unit) Direct labour (cost per unit) Overhead costs: Quality inspection cost Equipment set-up cost Ordering costs TTM K9K AAA 20 45 35 30 40 50 ? ? ? 5 000 3.000 6.000 R50 R90 R65 R40 R25 R55 R 600 000 450 000 300 000 REQUIRED (a) Calculate the activity rates for safety inspections, quality inspections and ordering, respectively. Marks (4)
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