Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Zapato Company produces two types of boots: vaquero and vaquera. There are four activities associated with the two products. Drivers for the four activities are
Zapato Company produces two types of boots: vaquero and vaquera. There are four activities associated with the two products. Drivers for the four activities are as follows:
Vaquero | Vaquera | |||
Cutting hours | 2,100 | 5,400 | ||
Assembly hours | 2,700 | 4,650 | ||
Inspection hours | 650 | 2,430 | ||
Rework hours | 150 | 450 |
The following activity data have been collected:
Cutting | $135,000 |
Assembling | $330,750 |
Inspecting | $61,600 |
Reworking | $39,000 |
Required:
Calculate the activity rates that would be used to assign costs to each product. If required, round your answers to the nearest cent.
Cutting: | $ fill in the blank 1 per cutting hour |
Assembling: | $ fill in the blank 2 per assembling hour |
Inspecting: | $ fill in the blank 3 per inspecting hour |
Reworking: | $ fill in the blank 4 per reworking hour |
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