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Chipman makes 3 models of pumps with the following details: Economy Standard Premium Units produced 10,030 Number of moves 185 Machine hours 9,150 Production
Chipman makes 3 models of pumps with the following details: Economy Standard Premium Units produced 10,030 Number of moves 185 Machine hours 9,150 Production runs 14 21,300 134 20,700 14 3,548 171 6,250 34 Required: a. Calculate the activity rate for each activity. (Round your answers to 2 decimal places.) Activity Rate Activity Pool Material Handling $ 162.00 Machine Maintenance Setups $ $ 2.00 1,240.00 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 Economy Standard Premium Cost
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