Required information [The following information applies to the questions displayed below.] Rustafson Corporation is a diversified...

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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 Machine setups Production orders Product testing Packaging General factory Estimated Overhead Cost Activity Rate per DLH per MH per setup per order per test per package per DLH $16,400 $ 5,000 $ 20,500 $ 19,000 $ 21,700 $ 36,000 $ 53,600 Expected Activity Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.) 10,000 direct labor-hours 10,000 machine-hours 500 setups 500 orders 700 tests 3,600 packages 10,000 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 Estimated Overhead. Cost $ 16,400 $ 5,000 $ 20,500 $ 19,000 $ 21,700 $36,000 $ 53,600 Expected Activity per DLH 10,000 direct labor-hours 10,000 machine-hours 500 setups 500 orders 700 tests 3,600 packages 10,000 direct labor-hours 2. Compute the company's predetermined overhead rate, assuming that the company uses a single plantwide predetermined overhead rate based on direct labor-hours. (Round your answer to 2 decimal places.) Predetermined overhead rate 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 Machine setups Production orders Product testing Packaging General factory Estimated Overhead Cost Activity Rate per DLH per MH per setup per order per test per package per DLH $16,400 $ 5,000 $ 20,500 $ 19,000 $ 21,700 $ 36,000 $ 53,600 Expected Activity Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.) 10,000 direct labor-hours 10,000 machine-hours 500 setups 500 orders 700 tests 3,600 packages 10,000 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 Estimated Overhead. Cost $ 16,400 $ 5,000 $ 20,500 $ 19,000 $ 21,700 $36,000 $ 53,600 Expected Activity per DLH 10,000 direct labor-hours 10,000 machine-hours 500 setups 500 orders 700 tests 3,600 packages 10,000 direct labor-hours 2. Compute the company's predetermined overhead rate, assuming that the company uses a single plantwide predetermined overhead rate based on direct labor-hours. (Round your answer to 2 decimal places.) Predetermined overhead rate

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Solution Expected Activity Activity Cost Pool b Labor Related 16400 10000 Mach... View the full answer