Saratoga Company manufactures jobs to customer specifications. The company is conducting a time-driven activity-based costing study in its Purchasing Department to better understand how Purchasing Department labor costs are consumed by individual jobs. To aid the study, the company provided the following date regarding its Purchasing Department and three of its many jobs Number of employees Average salary per employee Weeks of employment per year Hours worked per week Practical capacity percentage 19 5.26,000 52 85 minutes per unit of the activity Requisition Processing Bid Evaluation 45 Inspection 15 Job Y Number of requisitions processed Number of bid evaluations Number of inspections Job x 2 3 Job z a 4 6 Required: 1. Calculate the cost per minute of the resource supplied in the Purchasing Department. 2. Calculate the time-driven activity rate for each of Saratoga's three activities 3. Calculate the total purchasing labor costs assigned to Job X.Job Y. and Job Z Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Calculate the time-driven activity rate for each of Saratoga's three activities. (Round your intermediate calculations and final answers to 2 decimal places.) Requisition Processing Bid Evaluation Inspection Time-driven activitate Number of employees Average salary per employee Weeks of employment per year Hours worked per week Practical capacity percentage 19 $ 26,000 52 40 85% Requisition Processing 15 Bid Evaluation 45 Minutes per unit of the activity Inspection 38 Number of requisitions processed Number of bid evaluations Number of inspections Job x 7 3 6 Job Y 4 2 2 Job Z 3 4 6 Required: 1. Calculate the cost per minute of the resource supplied in the Purchasing Department 2. Calculate the time-driven activity rate for each of Saratoga's three activities. 3. Calculate the total purchasing labor costs assigned to Job X, Job Y, and Job Z. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the cost per minute of the resource supplied in the Purchasing Department. (Round your final answer to 2 dec places.) Cost per minute of the resource supplied Regled Required 2 > 19 $ 26,000 Number of employees Average salary per employee weeks of employment per year Hours worked per week Practical capacity percentage 52 40 85% Requisition Processing 15 Bid Evaluation 45 Minutes per unit of the activity Inspection 3e Number of requisitions processed Number of bid evaluations Number of inspections Job X 7 3 6 Job Y 4 2 2 Job Z 3 4 6 Required: 1. Calculate the cost per minute of the resource supplied in the Purchasing Department. 2. Calculate the time-driven activity rate for each of Saratoga's three activities 3. Calculate the total purchasing labor costs assigned to Job X. Job Y. and Job Z. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the total purchasing labor costs assigned to Job X, Job Y, and Job Z. (Round your intermediate calculation final answers to 2 decimal places.) Job X Job Y Job Z Total purchasing labor costs assigned to jobs
