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Magnolia Company has identified seven activities as part of its manufacturing process and chosen corresponding activity drivers for each activity. The chart below lists
Magnolia Company has identified seven activities as part of its manufacturing process and chosen corresponding activity drivers for each activity. The chart below lists the total cost of each activity, the amount of activity driver used for each of Magnolia's two products, the activity rate, and the activity cost assigned to each product. Fill in the blanks below: Activity Cost Activity Driver Driver Usage Prod. 1 Prod. 2 Activity Rate Activity Activity Cost:Prod. 1 Cost:Prod. 2 Design $ 49,450 Design time 920 1,230 /hour Preparation $ 62,900 Labor hours 3,170 /hour $ 31,700 Machining $103,000 Machine hours $ 20 /hour $ 30,800 Finishing Inspection Batches Units 215 300 $ 48/batch $ 11 /unit $ 5,610 $ 12,100 Packaging Orders 54 $ 306 /order $ 11,016 Shipping $ 13,685 Packages 84 /package $ 3,689
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