Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1 3.33 points Skipped Required information Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Activity
1 3.33 points Skipped Required information Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Activity Cost Pools Machining Designing costs Setup costs Total Cost of Pool Cost Driver $345,220 Number of machine hours 79,900 Number of design hours 70,983 Number of batches Estimated Cost Driver 84,200 8,500 495 Book Hind Print References Required: 1. Compute the activity rate for each activity. 2. Classify each activity as facility, product, batch, or unit level. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the activity rate for each activity. (Round your answers to 2 decimal places.) Activity Activity Rate Machining Design Costs Setup per Machine Hour per Design Hour per Batch Required 1 Required 2 > 3.33 points 1 Skipped Required information Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Activity Cost Pools Machining Designing costs Setup costs Total Cost of Fool $345,220 Number of machine hours Cost Driver 79,900 Number of design hours 70,983 Number of batches Estinated Cost Driver $4,200 8,500 495 eBook He References Required: 1. Compute the activity rate for each activity. 2. Classify each activity as facility, product, batch, or unit level. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Classify each activity as facility, product, batch, or unit level. Machining Design Setup
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started