Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

8. value 2.00 points Magnolia Company has identified seven activities as part of its manufacturing process and chosen corresponding activity drivers for each activity. The

image text in transcribed
8. value 2.00 points Magnolia Company has identified seven activities as part of its manufacturing process and chosen corresponding activity drivers for each activity. The chart below lists the total cost of each activity, the amount of activity driver used for each of Magnolia's two products, the activity rate, and the activity cost assigned to each product. Fill in the blanks below: Activity Cost:Prod. 1 Activity Cost:Prod. 2 Activity Design Preparation Machining Finishing Inspection Packaging Shipping Driver Usage Activity Cost Activity Prod. 1 Prod. 2 Driver Rate $ 21,600 Design time 920 1.240 thour $ 18.570 Labor hours 3,170 /hour $ 93,240 Machine hours $ 18 hour Batches 206 310$ 49 batch Units $ 20 unit Orders 56 $ 316 /order $ 14,157 Packages 89 /package $ $ 9,510 29,520 $ 22.400 S 13,000 $ 12,640 $ 3,744

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

How To Perform A GDPR Compliance Audit

Authors: Kieran McLaughlin

1st Edition

1798935120, 978-1798935125

More Books

Students also viewed these Accounting questions

Question

Understand the different approaches to job design. page 167

Answered: 1 week ago