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B & C Question 3 of 5 1.33/ used. Two activity cost pools were developed: machining and machine setup. Presented below is information related to

B & C
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Question 3 of 5 1.33/ used. Two activity cost pools were developed: machining and machine setup. Presented below is information related to the com operations Standard Custom Direct labor costs $50,000 $100,000 Machine hours 1,200 1,200 Setup hours 120 390 Total estimated overhead costs are $299,100 Overhead cost allocated to the machining activity cost pool is $192,000, and $107,100 is allocated to the machine setup activity cost pool. (a) Your answer is correct Compute the overhead rate using the traditional (plantwide) approach (Round answer to 2 decimal places, eg. 12.25) Predetermined overhead rate 199.40 % of direct labor cost (b) Compute the overhead rates using the activity-based costing approach. Machining per machine hour Machine setup per setup hour Save for later Attempts: 0 of 7 used Sul (c) The parts of this question must be completed in order. This part will be available when you complete the part above

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