Milky Corporation has provided the following data from its activity-based costing accounting system: Activity Cost Pools Designing products Setting up batches Assembling products Total Activity 7,798 product design hours 740 batch set-ups 6,640 assembly hours Total Cost P1,372,448 P33,300 P126,160
Milky Corporation has provided the following data from its activity-based costing accounting system: Activity Cost Pools Designing products Setting up batches Assembling products Total Activity 7,798 product design hours 740 batch set-ups 6,640 assembly hours Total Cost P1,372,448 P33,300 P126,160
Chapter6: Activity-based, Variable, And Absorption Costing
Section: Chapter Questions
Problem 9MC: Which is not a step In activity-based costing? A. identify the activities performed by the...
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![Problem 2
Milky Corporation has provided the following data from its activity-based costing accounting system:
Activity Cost Pools
Designing products
Setting up batches
Assembling products
Total Cost
P1,372,448
P33,300
P126,160
Total Activity
7,798 product design hours
740 batch set-ups
6,640 assembly hours
The activity rate for the "designing products" activity cost pool is
answer must be in nearest peso
A
The activity rate for the "setting up batches" activity cost pool is
answer should be in nearest peso
A
The activity rate for the "assembling products" activity cost pool is
answer must be in nearest peso
A](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe1076520-7ccc-4628-b741-2dc05583b4d5%2F892cc784-1eeb-46e8-aa66-d4cadba966e4%2F1c2bp2l_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Problem 2
Milky Corporation has provided the following data from its activity-based costing accounting system:
Activity Cost Pools
Designing products
Setting up batches
Assembling products
Total Cost
P1,372,448
P33,300
P126,160
Total Activity
7,798 product design hours
740 batch set-ups
6,640 assembly hours
The activity rate for the "designing products" activity cost pool is
answer must be in nearest peso
A
The activity rate for the "setting up batches" activity cost pool is
answer should be in nearest peso
A
The activity rate for the "assembling products" activity cost pool is
answer must be in nearest peso
A
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