Question: Activity-Based Costing In order to compare WoolCorp's current method with activity-based costing, you interview the production staff and compile the following information, wool yam. which
Activity-Based Costing In order to compare WoolCorp's current method with activity-based costing, you interview the production staff and compile the following information, wool yam. which relates to the costs for raw wool and Type of Cost Sorting Cleaning Combing Total Cost $25,600 Units of cleaning machine power38,400 1,300 Activity Base Hours of sorting Hours of combing machine use Raw Wool Wool Yarn Hours of sorting required Units of cleaning machine power required Hours of combing machine use required 1,000 1,800 70 4,000 4,200 30 In the following table, compute and enter the actlvity.rate for each of the three activities if required, round your answers to the nearest cent Sorting Cleaning Combing Activity Rate 5.12per sorting hour $6.40 per unit of cleaning machine power 1300 per hour of combing machine use Points313 in the following table, alocate the costs of sorting, cleaning, and combing based on the rates of activity consumed by each produet's process When required, round your answers to the nearest
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