Question
your corporation has provided the following data from its activity based costing system: Activity Cost Pool. Total Cost Total Activity Assembly $1,114,920 57,000 machine-hours Processing
your corporation has provided the following data from its activity based costing system:
Activity Cost Pool. Total Cost Total Activity
Assembly $1,114,920 57,000 machine-hours
Processing Orders $47,016 1,800 orders
Inspection $107,328 1,560 Inspection hours
The company makes 430 units of product S78N a year, requiring a total of 1,120 machine hours, 40 orders and 30 inspection hours per year. The products direct materials cost is $49.81 per unit and its direct labor cost is $12.34 per unit. The product sells for $129.90 per unit. What is the activity rate for assembly
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started