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Four Finger Appliance Company manufactures small kitchen appliances. The product line consists of blenders and toaster ovens. Four Finger Appliance presently uses the multiple production

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Four Finger Appliance Company manufactures small kitchen appliances. The product line consists of blenders and toaster ovens. Four Finger Appliance presently uses the multiple production department factory overhead rate method. The factory overhead is as follows: 1 Assembly Department $233,471.00 2 Test and Pack Department 220,641.00 3 Total $454.112.00 The direct labor information for the production of 6,300 units of each product is as follows: Department Assembly Test and Pack Blender 755 dih 2,665 dlh Toaster oven 2,255 865 Total 3,010 dlh 3,530 din Four Finger Appliance used direct labor hours to allocate production department factory overhead to products. The management of Four Finger Appliance Company has asked you to use activity-based costing instead of direct labor hours to allocate factory overhead costs to the two products. You have determined that $82,971 of factory overhead from each of the production departments can be associated with setup activity ($165,942 in total). Company records indicate that blenders required 140 setups, while the toaster ovens required only 49 setups. Each product has a production volume of 6,300 units. Required: Complete the Activity Tables for blenders and toaster ovens. a. Determine the three activity rates (assembly, test and pack, and setup).* b. Determine the total factory overhead and factory overhead per unit allocated to each product using the activity rates in (a).* *If required, round all per-unit answers to the nearest cent. Activity Table - Blenders Shaded cells have feedback. Complete the Activity Table for blenders. a. Determine the three activity rates (assembly, test and pack, and setup). Enter these rates in the Activity Rate column.* b. Determine the total factory overhead and factory overhead per unit allocated to blenders product using the activity rates in (a).* *If required, round all per-unit answers to the nearest cent. *If required, round all per-unit answers to the nearest cent. Toaster Oven Toaster Oven Activity- Activity Base Activity Activity Usage Rate = Cost Assembly activity $ $ Test and pack $ activity Setup activity $ Total $ Units Factory overhead cost per unit $ Points: 0/18

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