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please answer asap Activity Cost Poots, Activity Rates, and Product Costs using Activity-Based Costing Caldwell Home Appliances Inc. is estimating the activity cost associated with
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Activity Cost Poots, Activity Rates, and Product Costs using Activity-Based Costing Caldwell Home Appliances Inc. is estimating the activity cost associated with producing ovens and refrigerators. The indirect labor can be traced into four separate activity pools, based on time records provided by the employees. The budgeted activity cost and activity-base information are provided as follows: Activity Activity Pool Cost Activity Base Procurement $145,410 Number of purchase orders Scheduling 7,700 Number of production orders Materials handling 26,730 Number of moves Product development 29,040 Number of engineering changes Total cost $208,880 The estimated activity base usage and unit information for two product lines was determined as follows: Number of Number of Number of Number of Purchase Orders Production Orders Engineering Change Orders Units Ovens 660 230 480 1,530 Refrigerators 120 330 60 1,160 Totals 1,310 350 220 2,690 Moves 160 650 810 a. Determine the activity rate for each activity cost pool. If required, round your answers to the nearest dollar. Procurement (per purchase order) Scheduling (per production order) Materials handling (per move) Product development (per engineering change order) b. Determine the activity-based cost per unit of each product. Round your answers to the nearest cent. Ovens per unit Refrigerators per unit III) Step by Step Solution
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