QS $17-14($Static$)$ Activity$-$based costing and overhead cost allocation LO P$3$

Mia Company uses activity$-$based costing and reports the following for this year.

$\backslash$table$[[$Activity$,$Budgeted Cost,Activity Cost Driver,Budgeted Activity Usage$],[$Cutting$,$$$14,000,$Machine hours $($MH$),2,000$ machine hours$],[$Assembly$,60,000,$Direct labor hours $($DLH$),6,000$ direct labor hours$],[$Total$,$$$74,000,,]]$

$($a$)$ Compute an activity rate for each activity using activity$-$based costing.

$($b$)$ Allocate overhead costs to a job that uses $20$ machine hours and $15$ direct labor hours.

Complete this question by entering your answers in the tabs below.

Required $A$

Required B

Compute an activity rate for each activity using activity$-$based costing.

$\backslash$table$[[$Activity$,$Budgeted Cost,Budgeted Activity Usage,Activity Rate,$],[$Cutting$,,,,],[$Assembly$,,,,]]$

Complete this question by entering your answers in the tabs below.

Required $A$

Required B

Allocate overhead costs to a job that uses $20$ machine hours and $15$ direct labor hours.

$\backslash$table$[[$Activity$,$Activity Usage,Activity Rate,Allocated Cost,$],[$Cutting$,20,$machine hours,,,$],[$Assembly$,15,$direct labor hours,,,$],[$Total$,,,,,]]$

Required A