Exercise $17-26($Static$)$ Activity$-$based costing and customer profitability LO A$1$

Neal Company manufactures computer workstations. The company's three activities and their overhead cost drivers follow.

$\backslash$table$[[,$Budgeted,,$],[$Activity$,$Cost,Activity Cost Driver,Budgeted Activity Usage$],[$Fabrication$,$$$80,000,$Machine hours,$1,600$ machine hours$],[$Assembly$,96,000,$Direct labor hours,$2,000$ direct labor hours$],[$Inspection$,72,000,$Units inspected,$6,000$ units$]]$

Job $101\text{'}$s actual activity usage along with a partial customer profitability report follow.

Required:

Compute activity rates using activity$-$based costing.

Use the results from part $1$ to allocate overhead cost to Job $101.$

Complete the profitability report for Job $101.$