ActivityCastingAssemblyInspectingSetupMaterials handlingActivity BaseMachine hoursDirect labor hoursNumber of inspectionsNumber of setupsNumber of loadsActivity CostCorporate records were obtained to estimate the amount ofactivity to be used by the two products. The estimated activity-base usage quantities and units produced follow:Units produced$286,230225,00045,73045,44038,270Entry Dining Total5,230 4,6409,8704,500 6,750 11,2502,0406502,6902606032070019010,400 5,200 15,600a. Determine the activity rate for each activity. If required,round the rate to the nearest dollar.ActivityActivity RateCastingAssemblyInspectingActivity BaseMachine hoursProductDirect labor hoursNumber of inspectionsNumber of setupsNumber of loads890per machine hourper direct labor hourper inspectionSetupper setupMaterials handlingper load5. Use the activity rates in (a) to determine the total and per-unitactivity costs associated with each product. Round the per unitmounts to the nearest cent.Total Activity Cost Act ทรwere obtained to estimate the amount ofby the two products. The estimated activity-ties and units produced follow:tActivity RateSAS45,44038,270SASNumber of setupsNumber of loadsEntry Dining5,230 4,6404,500 6,7502,040650260700Fixtures10,400 5,200 15,600ctivity rate for each activity. If required,the nearest dollar.60190Total9,87011,2502,690320890per machine hourtAper direct labor hourper inspectionper setupper loades in (a) to determine the total and per-united with each product. Round the per unitest cent.Total Activity CostActivity Cost Per UnitSAAA

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Description: ActivityCastingAssemblyInspectingSetupMaterials handlingActivity BaseMachine hoursDirect labor hoursNumber of inspectionsNumber of setupsNumber of loadsActivity CostCorporate records were obtained to estimate the amount ofactivity to be used by the

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Activity Casting Assembly Inspecting Activity Cost Activity Base Machine hours Direct labor hours Number of inspections Number of setups Number of loads $286,230 225,000 45,730 Setup 45,440 Materials handling 38,270 Corporate records were obtained to estimate the amount of activity to be used by the two products. The estimated activity- pase usage quantities and units produced follow:

Activity Casting Assembly Inspecting Activity Cost Activity Base Machine hours Direct labor hours Number of inspections Number of setups Number of loads $286,230 225,000 45,730 Setup 45,440 Materials handling 38,270 Corporate records were obtained to estimate the amount of activity to be used by the two products. The estimated activity- pase usage quantities and units produced follow:

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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