Petite Corporation has provided the following data from its activity-based costing system. (1 Marks) Activity Cost...

 

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Petite Corporation has provided the following data from its activity-based costing system. (1 Marks) Activity Cost Pool Assembly Total Cost $ 600,000 $ 30,000 $ 400,000 Data concerning the company's product ABC appear below: Selling Price per Unit Direct Materials Cost Per Unit Direct labor Cost Per Unit Processing Orders Inspection Annual Unit Production and Sales Annual Machine - Hours Annual Number of Orders Annual Inspection Hours Total Activity 30,000 Machine Hours 1,500 Orders 2,000 Inspection - hours $110.00 $ 45.00 per Unit $ 35.00 per Unit 450 600 40 50 A. Activity rate for total assembly cost? (2 marks) B. Activity rate processing orders cost pool? (2 marks) C. Activity rate for inspection cost pool? (2 marks) D. Total activity cost rate for ABC? (2 marks) E. Average Cost of production for ABC? (2 marks) Petite Corporation has provided the following data from its activity-based costing system. (1 Marks) Activity Cost Pool Assembly Total Cost $ 600,000 $ 30,000 $ 400,000 Data concerning the company's product ABC appear below: Selling Price per Unit Direct Materials Cost Per Unit Direct labor Cost Per Unit Processing Orders Inspection Annual Unit Production and Sales Annual Machine - Hours Annual Number of Orders Annual Inspection Hours Total Activity 30,000 Machine Hours 1,500 Orders 2,000 Inspection - hours $110.00 $ 45.00 per Unit $ 35.00 per Unit 450 600 40 50 A. Activity rate for total assembly cost? (2 marks) B. Activity rate processing orders cost pool? (2 marks) C. Activity rate for inspection cost pool? (2 marks) D. Total activity cost rate for ABC? (2 marks) E. Average Cost of production for ABC? (2 marks)

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E ABC D ACTIVITY COST POOL Assembly 60000000 Processing Orders 3000000 Inspec... View the full answer