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Kramer Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Labour
Kramer Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Labour related Machine related Machine setups Production orders Product testing Packaging General factory Estimated Overhead Cost $ 48,000 Activity Cost Pool Labour related Machine related Machine setups Production orders Product testing Packaging General factory 67,500 90,000 112,000 59,400 76,500 672,000 Expected Activity 30,000 direct labour-hours 10,000 machine-hours 600 setups 3,500 orders 1,800 tests 4,500 packages 30,000 direct labour-hours Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.) Activity Rate per direct labour-hour per machine-hour per setup per order per test per package per direct labour-hour
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