Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Freedom Corp. has provided the following data from its activity-based costing system: Activity Cost Pool Total Cost Total Activity Designing products $1,200,000 7,900 product design

Freedom Corp. has provided the following data from its activity-based costing system:

Activity Cost Pool Total Cost Total Activity

Designing products $1,200,000 7,900 product design hours

Setting up batches $35,000 700 batch set-ups

Assembling products $100,000 6,500 assembly hours

What is the activity rate for the designing products cost-pool?

(A) $77.70 (B) $151.90(C) $17.10 (D) $143.22

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_2

Step: 3

blur-text-image_3

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

Financial Markets and Institutions

Authors: Jeff Madura

12th edition

9781337515535, 1337099740, 1337515531, 978-1337099745

More Books

Students also viewed these Finance questions