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Solve the attached problem using the chart included in the attachment please [The following information applies to the questions displayed below.] HiTech Products manufactures three
Solve the attached problem using the chart included in the attachment please
[The following information applies to the questions displayed below.] HiTech Products manufactures three types of remote-control devices: Economy, Standard, and Deluxe. The company, which uses activity-based costing, has identified five activities (and related cost drivers). Each activity, its budgeted cost, and related cost driver is identified below. Activity Material handling Material insertion Automated machinery Finishing Packaging Total Cost $320,000 2,950,000 897,000 256,000 256,000 Cost Driver Number of parts Number of parts Machine hours Direct labor hours Orders shipped $4,679,000 The following information pertains to the three product lines for next year: Units to be produced Orders to be shipped Number of parts per unit Machine hours per unit Labor hours per unit Economy 10,000 1,170 10 1 2 Standard 7,000 740 20 3 2 Deluxe 2,300 240 30 6 2 rev: 10_29_2012 36. Required information What is HiTech's pool rate for the material-handling activity closest to? a) b) c) d) e) $3.20 per part. $8.29 per labor hour. A rate other than those listed above. $16.57 per part. $1.04 per part. 37. Required information What is HiTech's pool rate for the automated machinery activity closest to? a) b) c) d) $20.02 per machine hour. $50.42 per unit. A rate other than those listed above. $20.52 per labor hour. e) $58.00 per machine hour. 38. Required information What is HiTech's pool rate for the finishing activity closest to? a) b) c) d) e) $6.63 per labor hour. $9.13 per unit. $6.63 per unit. A rate other than those listed above. $6.63 per machine hourStep by Step Solution
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