eBook Product Costs using Activity Rates Hercules Inc. manufactures elliptical exercise machines and treadmills. The products are produced in its Fabrication and Assembly production departments. In addition to production activities, several other activities are required to produce the two products. These activities and their associated activity rates are as follows: Activity Fabrication Assembly Setup Inspecting Production scheduling Purchasing Print Item ( $50 per setup $28 per inspection $14 per production order $11 per purchase order The activity-base usage quantities and units produced for each product were as follows: Activity Base Elliptical Machines Machine hours Direct labor hours Setups Inspections Production orders Purchase orders Units produced Use the activity rate and usage information to determine the total activity cost and activity cost per unit for each product. If required, round the per unit answers to the nearest cent. Total Activity Cost Activity Cost Per Unit Elliptical Machines Treadmill Activity Rate $24 per machine hour $13 per direct labor hour. 1,687 419 53 732 78 198 286 Treadmill 995 163 16 439 16 121 192 Check My Work 4 more Check My Work uses remaining. All work saved. M P Email Instructor Save and Exit 39°F A Previous Next Submit Assignment for Grading 1:05 PM 3/16/2023
eBook Product Costs using Activity Rates Hercules Inc. manufactures elliptical exercise machines and treadmills. The products are produced in its Fabrication and Assembly production departments. In addition to production activities, several other activities are required to produce the two products. These activities and their associated activity rates are as follows: Activity Fabrication Assembly Setup Inspecting Production scheduling Purchasing Print Item ( $50 per setup $28 per inspection $14 per production order $11 per purchase order The activity-base usage quantities and units produced for each product were as follows: Activity Base Elliptical Machines Machine hours Direct labor hours Setups Inspections Production orders Purchase orders Units produced Use the activity rate and usage information to determine the total activity cost and activity cost per unit for each product. If required, round the per unit answers to the nearest cent. Total Activity Cost Activity Cost Per Unit Elliptical Machines Treadmill Activity Rate $24 per machine hour $13 per direct labor hour. 1,687 419 53 732 78 198 286 Treadmill 995 163 16 439 16 121 192 Check My Work 4 more Check My Work uses remaining. All work saved. M P Email Instructor Save and Exit 39°F A Previous Next Submit Assignment for Grading 1:05 PM 3/16/2023
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
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eBook
Activity
Fabrication
Assembly
Setup
Inspecting
Production scheduling
Purchasing
Activity Rate
$24 per machine hour
$13 per direct labor hour
$50 per setup
$28 per inspection
$14 per production order
$11 per purchase order
The activity-base usage quantities and units produced for each product were as follows:
Elliptical Machines
Treadmill
1,687
419
53
Activity Base
Machine hours
Direct labor hours
Setups
Elliptical Machines
Treadmill
4
Product Costs using Activity Rates
Hercules Inc. manufactures elliptical exercise machines and treadmills. The products are produced in its Fabrication and Assembly production departments. In addition to production activities, several
other activities are required to produce the two products. These activities and their associated activity rates are as follows:
C
101
Print Item
%
15
5
732
$
Inspections
Production orders
Purchase orders
198
Units produced
286
Use the activity rate and usage information to determine the total activity cost and activity cost per unit for each product. If required, round the per unit answers to the nearest cent.
Total Activity Cost
Activity Cost Per Unit
78
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