eBook Calculator Activity Rates and Product Costs using Activity-Based Costing Lonsdale Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the futures. These activities and their associated budgeted activity costs and activity bases are as follows: Budgeted Activity Activity Cost Activity Base Casting $203,500 Machine hours Assembly 168,800 Direct labor hours Inspecting 34,060 Number of inspections Setup 43,200 Number of setups Materials handling 47,520 Number of loads corporate records were obtained to estimate the amount of activity to be used by the two products. The estimated activity-base usage quantities and units produced follow: Activity Base Machine hours Direct labor hours Number of inspections Entry Dining Total 4,900 4,350 9,250 4,220 6,330 10,550 1,990 630 2,620 260 60320 780210 990 9,800 4,900 14,700 Number of setups Number of loads Units produced a. Determine the activity rate for each activity. If required, round the rate to the nearest dollar. Previous Next Check My Work Email Instructor All work saved. Submit Assignment for Grading Save and Exit 2 UNCW - Zoom-V Secure Coastal Carolina C. Calculator ctivity Activity Rate 22 16 Casting per machine hour per direct labor hour Assembly 13 per inspection Inspecting 135 per setup Materials handling 45 per load b. Use the activity rates in (a) to determine the total and per-unit activity costs associated with each product. Round the per unit amounts to the nearest cent. Product Total Activity Cost Activity Cost Per Unit Entry Lighting Pictures Dining Room Lighting Fixtures Budgeted Activity Cost + Total Activity-Base Usage - Activity Rate for each activity b. Calculate for each product: Activity-Base Usage x Activity Rate from Req. (a) - Activity cost for each activity. Sum all activity costs to obtain the total cost per product. Die total costs by umber of units to obtain activity cost per unit. Previous Net S et Assignment for Grading Email Instructor Save and Est All work saved