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Please help!! Required information [The following information applies to the questions displayed below.] Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based
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Required information [The following information applies to the questions displayed below.] Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Labor-related Machine-related Machine setups Production orders i Product testing Packaging General factory Estimated Overhead Cost $ 20,400 $ 2,000 $ 20,400 $ 18,400 $ 29,600 $ 79,200 $ 58,000 Expected Activity 10,000 direct labor-hours 8,000 machine-hours 600 setups 400 orders 800 tests 3,600 packages 10,000 direct labor-hours Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.) Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory Activity Rate per DLH per MH per setup per order per test per package per DLH Required information. [The following information applies to the questions displayed below.] Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Labor-related Machine-related Machine setups Production orders. Product testing Packaging General factory Estimated Overhead Cost $ 20,400 $ 2,000 $ 20,400 $ 18,400 $ 29,600 $ 79,200 $ 58,000 Predetermined overhead rate Expected Activity 10,000 direct labor-hours 8,000 machine-hours per DLH 600 setups 400 orders 800 tests 2. Compute the company's predetermined overhead rate, assuming that the company uses a single plantwide predetermined overhead rate based on direct labor-hours. (Round your answer to 2 decimal places.) 3,600 packages 10,000 direct labor-hours Step by Step Solution
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