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show work please to help me understand Taylor Corporation produces two models of their leather brief cases: deluxe and standard. The four activities and four
show work please to help me understand
Taylor Corporation produces two models of their leather brief cases: deluxe and standard. The four activities and four drivers are as follows: Hours Activities: Cost Driver Deluxel Standard Total Cutting $ 96,000 Cutting hours 2,200 1,3001 3,500 Assembling 42,000 Assembly hours 1,1501 980 2,130 Inspecting 15,000 Inspection hours 800 500 1,300 Reworking 8.000 Rework hours 201 35 55 Required: A. Calculate the consumption ratios for the four drivers, rounding to 2 decimal places. B. Calculate the activity rates that would be used to assign costs to each product. Round your answer to two decimal places. C. Calculate the unit cost assuming that 500 deluxe models were produced and 700 standard models were produced, rounded to the nearest centStep by Step Solution
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