Question: Assume a companys activity-based costing system includes three activities. The following information is available with respect to those activities: Activity Cost Pool Estimated Overhead Cost

Assume a companys activity-based costing system includes three activities. The following information is available with respect to those activities:

Activity Cost Pool Estimated Overhead Cost Expected Activity
Testing $ 150,000 100,000 testing minutes
Setups $ 118,800 2,200 setup hours
Molding

$ 220,000

10,000

 machine hours

What is the activity rate for the Setups activity?

Multiple Choice

  • $44 per setup hour

  • $54 per setup hour

  • $64 per setup hour

  • $74 per setup hour

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