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Need help and a explanation. Thanks Chipman Inc, produces water pumps. Overhead costs have been identified as follows: Activity Pool Material handling Machine maintenance Setups
Need help and a explanation. Thanks
Chipman Inc, produces water pumps. Overhead costs have been identified as follows: Activity Pool Material handling Machine maintenance Setups Cost $ 71,280.00 $ 72,200.00 $ 78,057.00 Activity Driver Number of moves Number of machine hours Number of production runs Activity 240 36,100 63 Chipman makes 3 models of pumps with the following details: Units produced Number of moves Machine bours Production runs Economy Standard Premium 10,200 21,600 3,520 138 133 169 9,050 21,700 5,350 21 16 26 Required: a. Calculate the activity rate for each activity. (Round your answers to 2 decimal places.) Activity Rate Activity Pool Material Handling Machine Maintenance Setups FLVULL LIVIUS Required: a. Calculate the activity rate for each activity. (Round your answers to 2 decimal places.) Activity Rate Activity Pool Material Handling Machine Maintenance Setups b. Determine the amount of indirect costs assigned each of the products. (Do not round your intermediate calculations. Round your answers to 2 decimal places.) Models Cost Economy Standard PremiumStep by Step Solution
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