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Steel Company uses activity-based costing and reports the following for this year. Compute an activity rate for each activity using activity-based costing. Activity Budgeted Cost
Steel Company uses activity-based costing and reports the following for this year. Compute an activity rate for each activity using activity-based costing.
Activity | Budgeted Cost | Activity Cost Driver | Budgeted Activity Usage | |
---|---|---|---|---|
Cutting | $ 60,900 | Machine hours (MH) | 2,100 | machine hours |
Assembly | 256,200 | Direct labor hours (DLH) | 6,100 | direct labor hours |
Total | $ 317,100 |
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