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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
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 Estimated Overhead Cost $ 25,200 Expected Activity 2,000 direct labor-hours 5,000 machine-hours 500 setups 700 orders $ 5,000 Machine setups $ 18,000 Production orders $ 29,400 Product testing $ 23,000 Packaging $ 84,000 3,500 packages General factory $ 60,000 2,000 direct labor-hours 1,000 tests Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.) Activity Cost Pool Activity Rate Labor-related per DLH Machine-related Machine setups Production orders Product testing Packaging General factory per MH per setup per order per test per package per DLH 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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