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Entry Rules: Round your answer to two (2) decimal places. Examples: If your answer is $24,500.4718, enter 24500.47 If your answer is $24,500.4753, enter
Entry Rules: Round your answer to two (2) decimal places. Examples: If your answer is $24,500.4718, enter 24500.47 If your answer is $24,500.4753, enter 24500.48 If your answer is $24,500.00, enter 24500.00 If your answer is $24,500, enter 24500.00 If your answer is $0.4718, enter 0.47 If your answer is ZERO, enter 0.00 Never enter $ or, when inputting numerical answers QUESTION: George Inc. manufactures two products for use in the manufacturing of mining equipment: PT gears and XR gears. During the past month the company produced 50 PT gears and 300 XR gears and incurred an estimated total overhead of $94,410. The company's accountant analyzed the overhead costs and determined the following with regards to the activities which caused the costs: Activity Budgeted Overhead Activity Driver Material handling Number of material moves $33,350 Machinery set up Number of set ups $28,500 Inspections Number of inspections $32,560 Total costs $94,410 The activity driver for each product and in total was as follows: Activity Driver PT Gears XR Gears Total Number of material moves 520 630 1150 Number of set ups 170 400 570 Number of inspections 270 470 740
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