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A company reports the following budgeted overhead costs and budgeted cost driver activity. Activity (Cost driver) Quality (number of units inspected) Factory services (square feet) Purchasing (number of orders) Budgeted Cost $ 57,546 $ 131,396 $ 21,432 Budgeted Activity of Cost Driver Deluxe Total 910 2,270 208 Standard 3,230 3,870 248 Jse activity-based costing to compute the activity rate for each activity. Note: Round your "Activity Rate" to 2 decimal places. 4,140 6,140 456

A company reports the following budgeted overhead costs and budgeted cost driver activity. Activity (Cost driver) Quality (number of units inspected) Factory services (square feet) Purchasing (number of orders) Budgeted Cost $ 57,546 $ 131,396 $ 21,432 Budgeted Activity of Cost Driver Deluxe Total 910 2,270 208 Standard 3,230 3,870 248 Jse activity-based costing to compute the activity rate for each activity. Note: Round your "Activity Rate" to 2 decimal places. 4,140 6,140 456

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A company reports the following budgeted overhead costs and budgeted cost driver activity. Activity (Cost driver) Quality (number of units inspected) Factory services (square feet) Purchasing (number of orders) Activity Quality Factory services Purchasing Budgeted Cost $ 57,546 $ 131,396 $ 21,432 Budgeted Cost $ 57,546 131,396 21,432 Use activity-based costing to compute the activity rate for each activity. Note: Round your "Activity Rate" to 2 decimal places. Budgeted Activity of Cost Driver Deluxe Total 910 2,270 208 Standard 3,230 3,870 248 Budgeted Activity Usage Activity Rate 4,140 6,140 456
Transcribed Image Text:A company reports the following budgeted overhead costs and budgeted cost driver activity. Activity (Cost driver) Quality (number of units inspected) Factory services (square feet) Purchasing (number of orders) Activity Quality Factory services Purchasing Budgeted Cost $ 57,546 $ 131,396 $ 21,432 Budgeted Cost $ 57,546 131,396 21,432 Use activity-based costing to compute the activity rate for each activity. Note: Round your "Activity Rate" to 2 decimal places. Budgeted Activity of Cost Driver Deluxe Total 910 2,270 208 Standard 3,230 3,870 248 Budgeted Activity Usage Activity Rate 4,140 6,140 456
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