Question: Exercise 11-42 Activity-Based Performance Report Inchon produced 312,000 units last year. The information on the actual costs and budgeted costs at actual production of four

Exercise 11-42 Activity-Based Performance Report

Inchon produced 312,000 units last year. The information on the actual costs and budgeted costs at actual production of four activities follows.

Activity Actual Cost Budgeted Cost for Actual Production

Maintenance

$179,600

$176,700

Machining

90,500

89,800

Setting up

119,500

121,000

Purchasing

75,750

74,600

Required:

Prepare an activity-based performance report for the four activities for the past year.

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