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Consumption Ratios; Activity Rates Saludable Company produces two types of get-well cards: scented and regular. Drivers for the four activities are as follows: Scented Cards
Consumption Ratios; Activity Rates Saludable 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 100 80 Setup hours 80 20 Machine hours 210 580 Number of moves 235 65 The following activity data has been collected: Inspecting products $4,970 Setting up equipment 4,720 6,450 Machining Moving materials 1,270 Required: 1. Calculate the consumption ratios for the four drivkrs. Round your answers to two decimal places. Scented Cards Regular Cards Inspection hours Setup hours Machine hours Number of moves 2. Which of the following statements indicate there is product diversity? 3. 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 s per setup hour Machining $ per machine hour Moving materials per move 4. 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
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