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Northwest Company produces two types of glass shelving rounded edge and squared edge. The company reports the following cost data. Northwest's controller wants to apply
Northwest Company produces two types of glass shelving rounded edge and squared edge. The company reports the following cost data. Northwest's controller wants to apply octivity-bosed costing to allocate the $128,800 of overhead cost to the two products to see whether product cost per unit would change markedly from that obove. The company's budgeted activity usage equals its actual activity usege for the period. The following additions information is collected: Required: 1. Compute the activity rate for each activity using activity-based costing 2. Compute overhead costper unit for each of the two ptoducts using activity-based costing 3. Determine product costper unt for eoch of the two products using octivity based costing Complete this question by entering vour answers in the tabs below. Compute the activity rate for each activity using activity-based costing. (Round 'Activity rate to 2 decimal places.) Compute overhead cost per unit for each of the two products using activity-based costing. (Round "Activity Rate" to 2 decinal places and other answers to the nearest whole dollar amount.) Determine product cost per unit for each of the two products using activity-based costing. (Round intermediate calculations and final answers to 2 decimal places.)
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