Zapato Company produces two types of boots: vaquero and vaquera. There are four activities associated with the two products. Drivers for the four activities are as follows: VaqueroVaqueraCutting hours2,120 5,400 Assembly hours2,850 4,650 Inspection hours980 2,430 Rework hours150 450 Required:1. Calculate the consumption ratios for the four drivers. Round your answers to two decimal places.Activity Driver Vaquero Vaquera Cutting hours Assembly hours Inspection hours Rework hours

Consumption ratio is calculated for each unit against the total units consumed in the same driver.

Answered: Zapato Company produces two types of…

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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Zapato Company produces two types of boots: vaquero and vaquera. There are four activities associated with the two products. Drivers for the four activities are as follows:

	Vaquero	Vaquera
Cutting hours	2,120		5,400
Assembly hours	2,850		4,650
Inspection hours	980		2,430
Rework hours	150		450

Required:

1. Calculate the consumption ratios for the four drivers. Round your answers to two decimal places.

Activity Driver	Vaquero	Vaquera
Cutting hours
Assembly hours
Inspection hours
Rework hours

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