Question: (a) Compute an activity rate for each activity using activity-based costing.(b) Allocate overhead costs to a job that uses 20 machine hours and 15 direct

(a) Compute an activity rate for each activity using activity-based costing.(b) Allocate overhead costs to a job that uses 20 machine hours and 15 direct labor hours.

(a) Compute an activity rate for each activity
Mia Company uses activity-based costing and reports the following for this year. Activity Budgeted Cost Activity Cost Driver Budgeted Activity Usage Cutting $ 14,088 Machine hours {MH} 2,888 machine hours Assembly 68,088 Direct labor hours (DLH) 6,608 direct labor hours Total $ 74,888 (a) Compute an activity rate for each activity using activity-based costing. (b) Allocate overhead costs to a job that uses 20 machine hours and 15 direct labor hours

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