Chan Company identified the following budgeted data for this year. The company manufactures two types of...
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Chan Company identified the following budgeted data for this year. The company manufactures two types of scooters: standard and fast. Activity Handling materials Quality inspection Purchasing Budgeted Overhead Cost $ 685,000 135,000 70,000 $ 890,000 Budgeted Activity 100,000 parts 1,500 inspectiona 1,000 orders Total Compute an overhead activity rate for each activity assuming the company uses activity-based costing. (Round your answers to 2 decimal places.) Activity Budgeted Cost Budgeted Activity Usage Activity Rate Handling materials Quality inspection %24 685,000 per order 135,000 per order Purchasing 70,000 per order 890.000 Chan Company identified the following budgeted data for this year. The company manufactures two types of scooters: standard and fast. Activity Handling materials Quality inspection Purchasing Budgeted Overhead Cost $ 685,000 135,000 70,000 $ 890,000 Budgeted Activity 100,000 parts 1,500 inspectiona 1,000 orders Total Compute an overhead activity rate for each activity assuming the company uses activity-based costing. (Round your answers to 2 decimal places.) Activity Budgeted Cost Budgeted Activity Usage Activity Rate Handling materials Quality inspection %24 685,000 per order 135,000 per order Purchasing 70,000 per order 890.000
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Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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