Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

eBook Calculator Product Costs using Activity Rates Atlas Enterprises Inc. manufactures elliptical exercise machines and treadmills. The products are produced in its Fabrication and Assembly

image text in transcribed
image text in transcribed
eBook Calculator Product Costs using Activity Rates Atlas Enterprises Inc. manufactures elliptical exercise machines and treadmills. The products are produced in its Fabrication and Assembly production departments. In addition to production activities, several other activities are required to produce the two products. These activitie and their associated activity rates are as follows: Activity Fabrication Assembly Setup Inspecting Production scheduling Purchasing The activity-base usage quantities and units produced for each product were as follows: Activity Base Machine hours Direct labor hours Setups Inspections Production orders Purchase orders Activity Rate $28 per machine hour $16 per direct labor hour $54 per setup $24 per inspection $17 per production order $14 per purchase order Elliptical Machines Treadmill 1,773 418 58 738 73 173 1,046 163 18 443 15 106 Previous Check My Work 6 more Check My Work uses remaining. Setup Inspecting $54 per setup $24 per inspection $17 per production order $14 per purchase order Purchasing The activity-base usage quantities and units produced for each product were as follows: Activity Base Machine hours Direct labor hours Setups Inspections Production orders Purchase orders Units produced Use the activity rate and usage information to calculate the total activity cost and activity cost per unit for each product. If required, round the per unit answers to the nearest cent Elliptical Machines Treadmill 1,773 418 58 738 73 173 288 1,046 163 18 443 15 106 193 Total Activity Cost Activity Cost Per Unit Elliptical Machines Treadmill Previous Check My Work 6 more Check My Work uses remaining

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Police Auditing Theories And Practices

Authors: Allan Y. Jiao

1st Edition

0398069808, 978-0398069803

More Books

Students also viewed these Accounting questions