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Please answer A,B. and C do not answer if not all three are answered. I'll make sure to leave a thumbs up if done correctly,
Please answer A,B. and C do not answer if not all three are answered. I'll make sure to leave a thumbs up if done correctly, thank you.
Activity Data Activity Receive specimen Set up equipment Run test Record results Transmit results Total costs Annual Costs Cost Driver $ 10,000 Number of tests 25,000 Number of minutes per test 100,000 Number of minutes per test 10,000 Number of minutes per test 5,000 Number of minutes per test $150,000 Test A Test B Test C Test D 2,000 1,500 1,000 500 5 5 10 10 1 5 10 20 2 2 2 4 3 3 3 3 2 N a. Using ABC techniques, determine the cost allocation rate for each activity. b. Now, using these allocation rates, estimate the total cost of performing each test. c. Verify that the total annual costs aggregated from individual test costs equal the total annual costs of the laboratory given in the table aboveStep by Step Solution
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