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Elmwood Company has identified seven activities as part of its manufacturing process and chosen corresponding activity drivers for each activity. The chart below lists the
Elmwood Company has identified seven activities as part of its manufacturing process and chosen corresponding activity drivers for each activity. The chart below lists the total cost of each activity, the amount of activity driver used for each of Elmwood's two products, the activity rate, and the activity cost assigned to each product. Fill in the blanks below. Driver Usage Activity Cost Activity Driver Prod. 1 Prod. 2 Activity Rate Activity Cout Acuvity Cost Pro Prod: 2 Design $ 20,000 Design Time 1,600 2,400 hours per Hour Preparation $ 12,000 Labor Hours: 3,000 hours per Hour $ 6,000 Machining $ 45,000 Machine Hours hours $ 9 por Hour $ 27,000 Finishing Batches 100 150 batches $ 100 per Batch Inspection Units units $ 4 per Unit $ 8,000 $ 6,000 Packaging Orders 50 orders $ 90 per Order $ 13.500 Shipping 5,000 Packages 70 packages: per Package $ 1,500
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