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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

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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 data regarding its Purchasing Department and three of its many jobs: Number of employees Average salary per employee Weeks of employment per year Hour's worked per week Practical capacity percentage 7 $ 38,000 52 40 85% Minutes per unit of the activity Requisition Processing 15 Bid Evaluation 45 Inspection 30 Number of requisitions processed Number of bid evaluations Number of inspections Job x 8 4 7 Job Y 5 3 3 Job z 4 5 7 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 Required 1 Required 2 Required 3 Calculate the cost per minute of the resource supplied in the Purchasing Department places.) Cost per minute of the resource supplied K Required 1 Required 2 > Calculate the time-driven activity rate for each of Saratoga's three activities. (Round answers to 2 decimal places.) Requisition Processing Bid Evaluation Inspection Time-driven activity rate Required 1 Required 2 Required 3 Calculate the total purchasing labor costs assigned to Job X, Job Y, and Job Z. (Round your intermediate answers to 2 decimal places.) Job X Job Y Job Z Total purchasing labor costs assigned to jobs

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