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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
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 Estimated Overhead Cost $ 19,600 $7,000 Expected Activity 10,000 direct labor-hours 7,000 machine-hours) 600 setups 500 orders 800 tests $ 23,400 Production orders $ 16,500 Product testing $ 22,400 Packaging $ 62,900 General factory $ 60,000 10,000 direct labor-hours 3,700 packages 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 2 Part 2 of 2 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 $19,600 $ 7,000 $ 23,400 $16,500 $22,400 $ 62,900 $60,000 Expected Activity 10,000 direct labor-hours 7,000 machine-hours 600 setups 500 orders 800 tests 3,700 packages 10,000 direct labor-hours 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.) Predetermined overhead rate per DLH
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