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Chipman Inc. produces water pumps. Overhead costs have been identified as follows: Activity Pool Material handling Machine maintenance Setups Cost $ 65,395.00 $199,500.ee $ 82,236.60
Chipman Inc. produces water pumps. Overhead costs have been identified as follows: Activity Pool Material handling Machine maintenance Setups Cost $ 65,395.00 $199,500.ee $ 82,236.60 Activity Driver Number of moves Number of machine hours Number of production runs Activity 410 36,500 66 Chipman makes 3 models of pumps with the following details: Units produced Number of moves Machine hours Production runs Economy 10,070 106 9,350 27 Standard 21,300 130 21,300 11 Premium 3,515 174 5,850 28 Required: a. Calculate the activity rate for each activity. (Round your answers to 2 decimal places.) Activity Rate Activity Pool Material Handlinn Saved Help Se Cine nours Production runs 9,390 22 21, 11 ,850 28 Required: a. Calculate the activity rate for each activity. (Round your answers to 2 decimal places.) Activity Rate Activity Pool Material Handling Machine Maintenance Setups b. Determine the amount of indirect costs assigned to each of the products. (Do not round your intermediate calculations. Round your answers to 2 decimal places.) Models Cost Economy Standard Premium
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