Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Ripa Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have been allocated to the company's three activity pools as follows: Machining.
Ripa Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have been allocated to the company's three activity pools as follows: Machining. $111,755; Order Filling, $175,800; and Fabrication, $135,405. Machining costs are assigned to products based on machine hours, Order Filling are assigned based on the number of orders, and Fabrication costs are assigned based on the number of machine setups required. Activity data are as follows: Machine Orders Setups Hours Product 750 255 1,560 X Product Y 1,050 500 1,895 Product z 1,490 615 970 What is the activity rate for the Fabrication pool? 0 $41.15 per setup o $30.60 per setup $98.80 per setup To $128.35 per setup None of the above
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started