Required information [The following information applies to the questions displayed below.] Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory Activity Cost Pool Labor-related Machine-related Estimated Overhead Cost $ 52,000 $ 15,000 $ 42,000 $ 18,000 Machine setups Production orders Product testing Packaging General factory $ 48,000 $ 75,000 $ 108,800 Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.) Activity Rate per DLH per MH per setup per order per test per package per DLH Expected Activity 8,000 direct labor-hours 20,000 machine-hours 1,000 setups 500 orders 2,090 tests 5,90 packages 8,000 direct labor-hours

Required information [The following information applies to the questions displayed below.] Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory Activity Cost Pool Labor-related Machine-related Estimated Overhead Cost $ 52,000 $ 15,000 $ 42,000 $ 18,000 Machine setups Production orders Product testing Packaging General factory $ 48,000 $ 75,000 $ 108,800 Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.) Activity Rate per DLH per MH per setup per order per test per package per DLH Expected Activity 8,000 direct labor-hours 20,000 machine-hours 1,000 setups 500 orders 2,090 tests 5,90 packages 8,000 direct labor-hours

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Description: Required information[The following information applies to the questions displayed below.]Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system hasthe following seven activity cost pools:Ac

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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