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A company is conducting a time-driven activity-based costing study in Its Purchasing Department. To ald the study, the company provided the following data regarding its
A company is conducting a time-driven activity-based costing study in Its Purchasing Department. To ald the study, the company provided the following data regarding its Purchasing Department and three of its many jobs: Number of employees Average annual salary per employee Weeks of employment per year Hours worked per week Practical capacity percentage 14 $39,312 52 40 908 56 Requisition Bid Processing Evaluation Inspection 30 26 45 Minutes per unit of the activity JobA Number of requisitions processed Number of bid evaluations Number of inspections 9 4 6 Job B 5 3 2 Job c 6 4 B What is the time-driven activity rate for Bid Evaluation? Multiple Choice $6.50
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