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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: Labor-related Estimated Overhead Cost Expected Activity 4,000 direct labor-hours 5,000 machine-hours 400 setups Activity Cost Pool $ 24,400 Machine-related $ 5,000 Machine setups $ 13,200 Production orders. $ 24,500 Product testing $ 34,100 Packaging $ 46,800 3,900 packages General factory $ 49,600 4,000 direct labor-hours 500 orders 1,100 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 Machine-related Machine setups Production orders Product testing Packaging General factory 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 Estimated Overhead Cost $ 24,400 $ 5,000 $ 13,200 Expected Activity 4,000 direct labor-hours 5,000 machine-hours 400 setups 500 orders Machine-related Machine setups Production orders $ 24,500 Product testing $ 34,100 1,100 tests Packaging $ 46,800 3,900 packages General factory $ 49,600 4,000 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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