= Homework: Chapter 4 Homework Question 3, S4-4 (similar ... Part 1 of 4 HW Score: 20%, 20 of 100 points O Points: 0 of 10 Save Compute the activity cost allocation rates for each activity assuming the following total estimated activity for the year: 12,000 preparation hours, 36,000 cooking and draining hours, and 6 million packages. Aunt Edna Snacks produces different styles of sweet potato chips (ruffled, flat, thick-cut, gourmet) for different corporate customers. (Click the icon to view additional information.) (Click the icon to view the additional information and data.) "!!! Begin by determining the formula for calculating activity cost allocation rate, then calculate the rates for each activity. (Round the rate to the nearest cent.) - - = Activity cost allocation rate x Data Table More Info Aunt Edna has identified the following activities related to yearly manufacturing overhead costs and cost drivers associated with producing sweet potato chips: Manufacturing Overhead Cost Driver Each style of sweet potato chip requires different preparation time, different cooking and draining times (depending on desired fat content), and different packaging (single serving versus bulk). Therefore, Aunt Edna has decided to try ABC to better capture the manufacturing overhead costs incurred by each style of chip. $ 600,000 Activity Preparation .. Cooking and draining Packaging.. $ 972,000 300,000 Preparation time Cooking and draining time Units packaged $ Print Done Print Done Help Me Solve This Video Get More Help LIITUN Iswer