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Chipman Inc. produces water pumps. Overhead costs have been identified as follows: Activity Pool Material handling Material maintenance Setups Cost $66,815.00 $72,600.00 $83,214.00 Activity
Chipman Inc. produces water pumps. Overhead costs have been identified as follows: Activity Pool Material handling Material maintenance Setups Cost $66,815.00 $72,600.00 $83,214.00 Activity Driver Number of moves Number of machine hours Number of production runs Activity 415 36,300 67 Chipman makes 3 models of pumps with the following details: Economy Standard Premium Units produced 10,170 Number of moves 124 Machine hours 9,450 Production runs 22 22,000 126 20,400 19 3,530 165 6,450 26 Required: a. Calculate the activity rate for each activity (Round your answers to 2 decimal places.) Activity Pool Activity Rate
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