Sultan Company uses an activity-based costing system. At the beginning of the year, the company made the following estimates of cost and activity for its five activity cost pools xpected Overhead Cost Expected Activity 31,400 DLHS 227 orders Activity Cost Pool Labor-related Activity Measure Direct labor-hours $314,000 s 10,215 98,790 $ 70,800 $ 223,600 Purchase orders Number of orders Number of part types Number of boards 111 part types 1,770 boards 17,200 MHs Parts management Board etching General factory Machine-hours Required: 1. Compute the activity rate for each of the activity cost pools. 2. The expected activity for the year was distributed among the company's four products as follows: Expected Activity Product A Product B Product C Product D 16,800 33 Activity Cost Pool Labor-related (DLHs) Purchase orders (orders) Parts management (part types) Board etching (boards) General factory (MHa) 5,000 54 4,000 41 5,600 99 13 40 460 15 43 610 700 3,900 6,100 2,900 4,300 Using the ABC data, determine the total amount of overhead cost assigned to each product. Expected Activity Product A Product B Product C Product D Activity Cost Pool Labor-related (DLHS) Purchase orders (orders) Parts management (part types) Board etching (boards) General factory (MHs) 5,000 54 16,800 33 4,000 5,600 99 41 40 15 43 13 460 700 610 0 3,900 6,100 2,900 4,300 Using the ABC data, determine the total amount of overhead cost assigned to each product. Complete this question by entering your answers in the tabs below. ces Required 1 Required 2 Compute the activity rate for each of the activity cost pools. Activity Cost Pool Activity Rate Labor-related per DLH Purchase orders per order Parts management per part type Board etching per board General factory per MH Requied Required 2> Dxpeuceu nUIVACy Product A Product B Product C Product D 5,600 Activity Cost Pool Labor-related (DLHS) Purchase orders (orders) Parts management (part types) Board etching (boards) General factory (MHs) 5,000 54 4,000 41 16,800 99 33 13 15 43 40 610 0 460 700 2,900 4,300 3,900 6,100 Using the ABC data, determine the total amount of overhead cost assigned to each product. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using the ABC data, determine the total amount of overhead cost assigned to each product. Overhead Cost Assigned Activity Cost Pool Labor-related (DLHS) Purchase orders (orders) Product A Product B Product C Product D Parts management (part types) Board etching (boards) General factory (MHs) Total $ 0 $ 0 Check my work Gino's Restaurant is a popular restaurant in Boston, Massachusetts. The owner of the restaurant has been trying to better understand costs at the restaurant and has hired a student intern to conduct an activity-based costing study. The intern, in consultation with the owner, identified the following major activities Activity Cost Pool Serving a party of diners Serving a diner Serving drinks Activity Measure Number of parties served Number of diners served Number of drinks ordered A group of diners who ask to sit at the same table is counted as a party. Some costs, such as the costs of cleaning linen, are the same whether one person is at a table or the table is full. Other costs, such as washing dishes, depend on the number of diners served. Data concerning these activities are shown below: Serving a Party $65,700 Serving a Diner $77,000 Serving Drinks $81,000 45,000 drinks Total $223,700 Total cost Total activity 9,000 partios 10,000 diners Prior to the activity-based costing study, the owner knew very little about the costs of the restaurant. She knew that the total cost for the month was $223,700 and that 10,000 diners had been served. Therefore, the average cost per diner was $22.37 ($223,700 10,000 diners = $22.37 per diner). Required: 1. Compute the activity rates for each of the three activities. 2. According to the activity-based costing system, what is the total cost of serving each of the following parties of diners? a. A party of four diners who order three drinks in total. b. A party of two diners who do not order any drinks. r A Inne diner whn nrriers twn rdrinkes Required: 1. Compute the activity rates for each of the three activities 2. According to the activity-based costing system, what is the total cost of serving each of the following parties of diners? a. A party of four diners who order three drinks in total. b. A party of two diners who do not order any drinks. c.A lone diner who orders two drinks 3. Convert the total costs you computed in part (2) above to costs per diner. In other words, what is the average cost per diner for serving each of the following parties? a. A party of four diners who order three drinks in total. b.A party of two diners who do not order any drinks. c.A lone diner who orders two drinks. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the activity rates for each of the three activities. (Round your answers to 2 decimal places.) Cost per Unit of Activity per party Serving a Party Serving a Diner Serving Drinks per diner per drink gred Required 2 1. Compute the activity rates for each of the three activities. 2. According to the activity-based costing system, what is the total cost of serving each of the following parties of d a. A party of four diners who order three drinks in total. b. A party of two diners who do not order any drinks c. A lone diner who orders two drinks. 3. Convert the total costs you computed in part (2) above to costs per diner. In other words, what is the average cos serving each of the following parties? a. A party of four diners who order three drinks in total. b. A party of two diners who do not order any drinks. c. A lone diner who orders two drinks. Complete this question by entering your answers in the tabs below. Required 3 Required 1 Required 2 According to the activity-based costing system, what is the total cost of serving each of the following parties of diners? (Round your intermediate calculations and final answers to 2 decimal places.) Total a. A party of four diners who order three drinks in total b.A party of two diners who do not order any drinks c. A lone diner who orders two drinks