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Dickerson industries, a small, family-run manufacturer, has adopted an ABC system. The following manufacturing activities, indirect manufacturing costs, and usage of cost drivers have been
Dickerson industries, a small, family-run manufacturer, has adopted an ABC system. The following manufacturing activities, indirect manufacturing costs, and usage of cost drivers have been estimated for the your TE (Click the icon to view activities, total costs, and cost drivers) (Click the loon for additional information.) Read the requirements 1. Compute the activity cost allocation rates for the year. (Round your answe Machine setups (per setup) Activity cost allocation rate Machining (per machine hour) Quality control (per QC test) 2. Complete the following job cost record for Job 433 Job Cost Record JOB 433 Direct material. Direct labor. Manufacturing overhead. Total job cost Manufacturing Costs Data table More info Estimated Total Activity Manufacturing Overhead Costs Estimated Total Usage of Cost Driver Machine setup $ 140,800 3,100 setups Machining- S 850,000 5,000 machine hours Quality control $ 344,000 4,300 tests run - X During May, Joe and Camilla Dickerson machined and assembled Job 433 Joe worked a total of 11 hours on the job, while Camilla worked 4 hours on the job. Joe is paid a $25 per hour wage rate, while Camilla is paid $29 per hour because of her additional experience level. Direct materials requisitioned for Job 433 totaled i $1,075. The following additional information was collected on Job 433: The job required 2 machine setups, 6 machine hours, and 2 quality control tests Print Done Time Remainin
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