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! Required information Use the following information for the Quick Studies below. (Algo) Chan Company identified the following budgeted data for this year. The company
! Required information Use the following information for the Quick Studies below. (Algo) Chan Company identified the following budgeted data for this year. The company manufactures two types of scooters: standard and fast. Activity Handling materials Quality inspection Purchasing Total Activity Handling materials Quality inspection Purchasing Budgeted Overhead Cost $ 669,000 123,000 58,000 $ 850,000 QS 17-5 (Algo) Computing overhead rates using ABC LO P3 Compute an overhead activity rate for each activity assuming the company uses activity-based costing. (Round your answers to 2 decimal places.) Budgeted Cost $ 669,000 123,000 58,000 850,000 $ Budgeted Activity 100,000 parts 1,500 inspections 1,000 orders Budgeted Activity Usage Activity Rate per order per order per order
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