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Coronado Corp. reported the following detail for its budgeted MOH costs, broken into three key activities. Budgeted Quantity of Activity Budgeted Cost Cost Driver
Coronado Corp. reported the following detail for its budgeted MOH costs, broken into three key activities. Budgeted Quantity of Activity Budgeted Cost Cost Driver Material handling $44,000 2,000 material moves Machining 130,000 10,000 machine hours Inspections 45,000 5,000 inspections Total $219,000 (a) Calculate Coronado's plant-wide MOH rate if allocations are based on machine hours. (Round answer to 2 decimal places, e.g. 15.25.) Plant-wide MOH rate $ /machine hour (b) Calculate activity rates for each key activity. Activity rate Material handling $ /material move Machining $ /machine hour Inspections $ /inspection
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