Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the...
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Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Estimated Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory overhead Cost $ 17,200 $ 4,000 $ 18,000 $ 10,500 $ 27,600 ३ 62,900 $ 57,600 Expected Activity 4,000 direct labor-hours 8,000 machine-hours 500 setups 300 ordera 1,200 tests 3,700 packages 4,000 direct labor-hours Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.) Activity Cost Pool Labor-related Machine-related Activity Rate per DLH per MH Machine setups per setup Production orders per order Product testing per test Packaging per package General factory per DLH Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Estimated Overhead Cost $ 17,200 $ 4,000 $ 18,000 $ 10,500 $ 27,600 $ 62,900 $ 57,600 Expected Activity f,000 direct labor-hours ,000 machine-hours 500 setups 300 ordera Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory 1,200 testa 3,700 packages 4,000 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 overmead rate per DLH Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Estimated Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory overhead Cost $ 17,200 $ 4,000 $ 18,000 $ 10,500 $ 27,600 ३ 62,900 $ 57,600 Expected Activity 4,000 direct labor-hours 8,000 machine-hours 500 setups 300 ordera 1,200 tests 3,700 packages 4,000 direct labor-hours Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.) Activity Cost Pool Labor-related Machine-related Activity Rate per DLH per MH Machine setups per setup Production orders per order Product testing per test Packaging per package General factory per DLH Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Estimated Overhead Cost $ 17,200 $ 4,000 $ 18,000 $ 10,500 $ 27,600 $ 62,900 $ 57,600 Expected Activity f,000 direct labor-hours ,000 machine-hours 500 setups 300 ordera Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory 1,200 testa 3,700 packages 4,000 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 overmead rate per DLH
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Related Book For
Introduction to Managerial Accounting
ISBN: 978-0078025792
7th edition
Authors: Peter Brewer, Ray Garrison, Eric Noreen
Posted Date:
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