Question: Help, and if you could explain how you got the answers that would really help. Gable Company uses three activity cost pools. Each pool has

Help, and if you could explain how you got the answers that would really help.

Help, and if you could explain how you got the answers thatwould really help. Gable Company uses three activity cost pools. Each poolhas a cost driver. Information for Gable Company follows: Activity Cost. Pools

Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Activity Cost. Pools Machining Designing costs Setup costs Total Cost of Pool Cost. Driver $280,460 Number of machine hours 67,500 Number of design hours 70,970 Number of batchen Estimated Cost. Driver 75,800 7,500 490 Required: 1. Compute the activity rate for each activity. 2. Classify each activity as facility, product, batch, or unit level. Complete this question by entering your answers in the tabs below. Required 1 Required 2 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 Setup costs 70,070 Number of batches 490 Required: 1. Compute the activity rate for each activity. 2. Classify each activity as facility, product, batch, or unit level. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the activity rate for each activity. (Round your answers to 2 decimal places.) Activity Machining Activity Rate Design Costs Setup per Machine Hour per Design Hour per Batch Required Required 2 > Required: 1. Compute the activity rate for each activity. 2. Classify each activity as facility, product, batch, or unit level. Complete this question by entering your answers in tabs below. Required 1 Required 2 Classify each activity as facility, product, batch, or unit level. Machining Design Setup juired 1 Required 2 Batch Level Facility Level Product Level Unit Level

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!