Concord Industries manufactures several products including a basic case for a popular smartphone. The company is considering adopting an activity-based costing approach for setting its budget. The companys production activities, budgeted activity costs, and cost drivers for the coming year are as follows.

Activity		Activity Overhead $			Cost Driver			Cost Driver Quantity
Machine setup		$ 120,450			# of setups			1,650
Inspection		103,950			# of quality tests			330
Materials receiving		179,400			# of purchase orders			2,300

The budgeted data for smartphone case production are as follows.

Direct materials		$ 2.05 per unit
Direct labor		$ 0.62 per unit
Number of setups		165
Number of quality tests		365
Number of purchase orders		45
Production		261,060 units

Calculate the activity-based unit cost of the smartphone case. (Round answer to 2 decimal places, e.g. 15.25.)

Activity-based unit cost = $ ?

Question 3 of 3 2.5/5 Your answer is correct. Calculate the activity rate for each cost pool. 73 setup Machine setup $ 315 /test Inspection $ 78 PO Materials receiving e Textbook and Media Attempts: unlimited (b) Calculate the activity-based unit cost of the smartphone case. (Round answer to 2 decimal places, e.g. 15.25.) $ Activity-based unit cost