Exercise 7A-2 (Static) Time-Driven Activity-Based Costing [LO 7-7] Saratoga Company manufactures jobs to customer specifications. The company is conducting a time-driven activity-based costing study in its Purchasing Department to better understand how Purchasing Department labor costs are consumed by individual jobs. To aid the study, the company provided the following data regarding its Purchasing Department and three of its many jobs: Number of employees Average salary per employee Weeks of employment per year Hours worked per week Practical capacity percentage 12 $ 28,000 52 40 85% Requisition Processing Bid Evaluation Inspection Minutes per unit of the activity 15 45 30 Job X Job Y Number of requisitions processed Job 2 B Number of bid evaluations 3 6 552 1446 Number of inspections In addition, assume that Saratoga Company provided the following activity data for all jobs produced during the year: Activity demands for all jobs Required: Requisition Processing 7,000 Bid Evaluation Inspection 9.400 10,000 1. Calculate Saratoga's used capacity in minutes. 2. Calculate Saratoga's unused capacity in minutes. 3. Calculate Saratoga's unused capacity in number of employees. (Round your answer to 2 decimal places.) 4. Calculate the impact on expenses of matching capacity with demand. (Be sure to round your potential adjustment in the number of employees to a whole number. Negative amount should be indicated by a minus sign.) 1. Used capacity in minutes 2. Unused capacity in minutes 3. Unused capacity in number of employees 4. Impact on expenses of matching capacity with demand