Question: Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows Total Cost of Pool Activity Cost Pools

 Gable Company uses three activity cost pools. Each pool has a

Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows Total Cost of Pool Activity Cost Pools Machining Designing costs Setup costs Estimated Cost Driver 87,000 7,500 Cost Driver $249,000 Number of machine hours 57,000 68,000 Number of design hours Number of batches 420 Required: 1. Compute the activity rate for each activity. (Round your answers to 2 decimal places.) Activity Rate Activity Machining Design Costs Setup per Machine Hour per Design Hour per Batch 2. Classify each activity as facility, product, batch, or unit level Machining Design Setup

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!