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4. Tony's Tables uses activity-based costing to account for its table manufacturing process. The company has identified three supporting manufacturing activities: inspection, machine setups, and
4. Tony's Tables uses activity-based costing to account for its table manufacturing process. The company has identified three supporting manufacturing activities: inspection, machine setups, and machine maintenance. (10 Points) The budgeted activity costs for 2021 and the allocation bases are as follows: Activity Total budgeted cost Inspection $ 5,700 Machine setup $22,000 Machine maintenance $ 6,000 Total $33.700 Allocation base Number of inspections Number of setups Machine hours Tony's Tables expects to produce 20 custom-built tables this year. The tables are expected to require 100 inspections, 40 setups, and 100 machine hours. (10 Points) Calculate the predetermined overhead rate for each activity
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