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Use This Information to Answer Questions o this Quiz: Hopeful Co. Provided the Following Estimated Yearly Data for it's Activity Based Costing System for
Use This Information to Answer Questions o this Quiz: Hopeful Co. Provided the Following Estimated Yearly Data for it's Activity Based Costing System for All Products: Activity Cost Pool Total Cost Assembly $420,000 Processing Orders $33,000 Inspection $105,750 Actual Data for One Product: Selling Price Per Unit $90 Direct Material Cost Per Unit $16 Direct labor Cost Per Unit $13 Annual Unit Production and Sales 300 Actual Annual Machine Hours 800 Actual Annual Orders 50 Actual Annual Inspection Hours 30 Total Activity 35,000 Machine Hours 1,000 Orders 1,410 Inspection Hours What is the Activity Rate For EACH Activity: Select one: O A. Assembly $14; Processing Orders $33; and Inspection $75 O B. Assembly $12; Processing Orders $35: and Inspection $75 O C. Assembly $12; Processing Orders $33; and Inspection $75 O D. Assembly $12; Processing Orders $30; and Inspection $70 Use the information in Question 1 above calculate UNIT PRODUCT COST UNDER ACTIVITY BASED COSTING Select one: a. $70 O b. $74 O c. $65 O d. 60
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