Rex Industries has two products. They manufactured12,540 units of product A and 8,255 units of product B. Thedata are:Activity in EstimatedCost Pool Overhead Product A Product B1$51,8501,10060053,840100700324,6007005,300What is the activity rate for each cost pool? Round youranswers to two decimal places.Activity inActivityCost PoolRate1$2$3$

Name: Rex Industries has two products. They manufactured12,540 units of pro
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Description: Rex Industries has two products. They manufactured12,540 units of product A and 8,255 units of product B. Thedata are:Activity in EstimatedCost Pool Overhead Product A Product B1$51,8501,10060053,840100700324,6007005,300What is the activity rate for

Activity rate = Estimated overhead / Total Activity driver

Business

Accounting

Rex Industries has two products. They manufactured 12,540 units of product A and 8,255 units of product B. The data are: Activity in Estimated Cost Pool Overhead Product A Product B 1 $51,850 1,100 600 2 53,840 100 700 3 24,600 700 5,300 What is the activity rate for each cost pool? Round your answers to two decimal places. Activity in Activity Cost Pool Rate 1 $4 2 2$ 3

Rex Industries has two products. They manufactured 12,540 units of product A and 8,255 units of product B. The data are: Activity in Estimated Cost Pool Overhead Product A Product B 1 $51,850 1,100 600 2 53,840 100 700 3 24,600 700 5,300 What is the activity rate for each cost pool? Round your answers to two decimal places. Activity in Activity Cost Pool Rate 1 $4 2 2$ 3

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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