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Activity rates and product costs using activity - based cost Idris Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing
Activity rates and product costs using activitybased cost Idris Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the fixtures. These activities and their associated budgeted activity costs and activity bases are as follows: Budgeted tableActivitytableBudgetedActivity CostActivity BaseCasting$Machine hoursAssemblyDirect labor hoursInspectingNumber of inspectionsSetupNumber of setupsMaterials handling,Number of loads Corporate records were obtained to estimate the amount of activity to be used by the two products. The estimated activitybase usage quantities and units produced follow: tableActivity Base,Entry,Dining,TotalMachine hours,Direct labor hours,Number of inspections,Number of setups,Number of loads,Units produced, a Determine the activity rate for each activity. If required, round the rate to the nearest dollar: tableActivityActivity Rate,Casting per machine hour,Assembly per direct labor hour,Inspecting$ per inspectionSetup$ per load Use the activity rates in a to determine the total and perunit activity costs associated with each product. Round he per unit amounts to the nearest cent. tabletableroductntry Lighting FixturesTotal Activity Cost,Activity Cost Per Unit$$
Activity rates and product costs using activitybased cost
Idris Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the fixtures.
These activities and their associated budgeted activity costs and activity bases are as follows:
Budgeted
tableActivitytableBudgetedActivity CostActivity BaseCasting$Machine hoursAssemblyDirect labor hoursInspectingNumber of inspectionsSetupNumber of setupsMaterials handling,Number of loads
Corporate records were obtained to estimate the amount of activity to be used by the two products. The estimated activitybase usage quantities and units produced follow:
tableActivity Base,Entry,Dining,TotalMachine hours,Direct labor hours,Number of inspections,Number of setups,Number of loads,Units produced,
a Determine the activity rate for each activity. If required, round the rate to the nearest dollar:
tableActivityActivity Rate,Casting per machine hour,Assembly per direct labor hour,Inspecting$ per inspectionSetup$ per load
Use the activity rates in a to determine the total and perunit activity costs associated with each product. Round he per unit amounts to the nearest cent.
tabletableroductntry Lighting FixturesTotal Activity Cost,Activity Cost Per Unit$$
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