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QUESTION 22 Jackkee Company manufactures dining chairs and dining tables. The following information is available: Dining Dining Total Tables Chairs Cost Machine 200 600 $96,000

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QUESTION 22 Jackkee Company manufactures dining chairs and dining tables. The following information is available: Dining Dining Total Tables Chairs Cost Machine 200 600 $96,000 setups Inspections 250 470 $144,000 Labor 2,600 2.400 5,000 hours hours Jackkee is considering switching from one overhead rate based on labor hours to activity-based costing Instructions Perform the following analyses for these two components of overhead: Machine setups and inspections. 15 points (a) Compute total machine setups and inspection costs assigned to each product using a single overhead rate. 15 points (b) Compute total machine setups and inspection costs assigned to each product using ACTIVITY-BASED COSTING. (c) Comment on your findings. 6 points

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