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Activity Expected Cost Activity Driver Activity Capacity Engineering $ 1 , 0 0 0 , 0 0 0 engineering hours 5 , 0 0 0
Activity Expected Cost Activity Driver Activity Capacity Engineering $ engineering hours hours Setups $ setups setups Machining $ machine hours machine hours Inspection $ inspection hours inspection hours Owens produces two models: Model X and Model Y The following table shows how the two products consume activity. Model C Model D Units completed Engineering hours Setups Machine hours Inspection hours Using the activity ratios for engineering and machining, what is the overhead rate for machining? round to two decimal places
Activity
Expected Cost
Activity Driver
Activity Capacity
Engineering
$
engineering hours
hours
Setups
$
setups
setups
Machining
$
machine hours
machine hours
Inspection
$
inspection hours
inspection hours
Owens produces two models: Model X and Model Y The following table shows how the two products consume activity.
Model C
Model D
Units completed
Engineering hours
Setups
Machine hours
Inspection hours
Using the activity ratios for engineering and machining, what is the overhead rate for machining? round to two decimal places
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