Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Calculator Activity Rates and Product Costs using Activity Based Coding Lonsdale Inc. manufactures entry and dining room lighting fixtures. Five activities are used in mandaturing
Calculator Activity Rates and Product Costs using Activity Based Coding Lonsdale Inc. manufactures entry and dining room lighting fixtures. Five activities are used in mandaturing the futures. These activities and thered budgeted activity coats and activity bases are as follows: Budgeted Activity Activity Cost Activity Base Casting $260,260 Machine hours Assembly 216,790 Direct labor hours Inspecting 33.560 Number of inspection Setup 37,260 Number of setups Materials handing 44,590 Number of loads Corporate records were obtained to estimate the amount of activity to be used by the two products. The estimated activity-base age quantities and units produced flow Activity Base Entry Dining Total Machine hours 5,310 700 10,010 Direct labor hours 4,500 6,850 11,410 Number of inspections 1,830 2,410 Number of setups 220 50 270 Number of loads 720 190 910 Units produced 10.600 5,300 15,900 a. Determine the activity rate for each activity. If required, round the rate to the nearest dollar. Activity Activity Rate
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started