Consumption Ratios; Activity Rates

Felicidad Company produces two types of get-well cards: scented and regular. Drivers for the four activities are as follows:

	Scented Cards	Regular Cards
Inspection hours	110		90
Setup hours	90		30
Machine hours	190		630
Number of moves	240		70

The following activity data have been collected:

Inspecting products	$4,950
Setting up equipment	4,770
Machining	6,440
Moving materials	1,360

Required:

1. Calculate the consumption ratios for the four drivers. Round your answers to two decimal places.

	Scented Cards	Regular Cards
Inspection hours	________________	______________
Setup hours	_________________	________________
Machine hours	______________	________________
Number of moves	____________________	________________

2. Calculate the activity rates that would be used to assign costs to each product. Round your answers to the nearest cent.

Rates:
Inspecting products	$ _____________per inspection hour
Setting up equipment	$ _______________per setup hour
Machining	$ ______________ per machine hour
Moving materials	$ _______________per move

3 Suppose that the activity rate for inspecting products is $20 per inspection hour. How many hours of inspection are expected for the coming year? If required, round your answer to nearest whole number of hours. __________________inspection hours