Idris Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the...

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Idris Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the fixtures. These activities and their associated budgeted activity costs and activity bases are as follows: Budgeted Activity Activity Cost Activity Base Casting Assembly Inspecting Setup Materials handling $324,160 Machine hours 173,250 Direct labor hours 32,400 Number of inspections 44,100 Number of setups 44,520 Number of loads Corporate records were obtained to estimate the amount of activity to be used by the two products. The estimated activity-base usage quantities and units produced follow: Activity Base Machine hours Entry 5,370 Dining Total 4,760 10,130 Direct labor hours 4,620 6,930 11,550 Number of inspections 2,050 650 2,700 Number of setups 240 60 300 Number of loads 840 220 1,060 Units produced 10,600 5,300 15,900 a. Determine the activity rate for each activity. If required, round the rate to the nearest dollar. Activity Casting Assembly Inspecting Setup Materials handling Activity Rate per machine hour per direct labor hour per inspection per setup per load b. Use the activity rates in (a) to determine the total and per-unit activity costs associated with each product. Round the per unit amounts to the nearest cent. Product Total Activity Cost Activity Cost Per Init Casting $324,160 Machine hours Assembly 173,250 Direct labor hours Inspecting 32,400 Number of inspections Setup 44,100 Number of setups Materials handling 44,520 Number of loads Corporate records were obtained to estimate the amount of activity to be used by the two products. The estimated activity-base usage quantities and units produced follow: Activity Base Entry Dining Total Machine hours 5,370 4,760 10,130 Direct labor hours 4,620 6,930 11,550 Number of inspections 2,050 650 2,700 Number of setups 240 60 300 Number of loads 840 220 1,060 Units produced 10,600 5,300 15,900 a. Determine the activity rate for each activity. If required, round the rate to the nearest dollar. Activity Casting Assembly Inspecting Setup Activity Rate per machine hour per direct labor hour per inspection per setup Materials handling $ per load b. Use the activity rates in (a) to determine the total and per-unit activity costs associated with each product. Round the per unit amounts to the nearest cent. Product Total Activity Cost Activity Cost Per Unit Entry Lighting Fixtures Dining Room Lighting Fixtures Idris Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the fixtures. These activities and their associated budgeted activity costs and activity bases are as follows: Budgeted Activity Activity Cost Activity Base Casting Assembly Inspecting Setup Materials handling $324,160 Machine hours 173,250 Direct labor hours 32,400 Number of inspections 44,100 Number of setups 44,520 Number of loads Corporate records were obtained to estimate the amount of activity to be used by the two products. The estimated activity-base usage quantities and units produced follow: Activity Base Machine hours Entry 5,370 Dining Total 4,760 10,130 Direct labor hours 4,620 6,930 11,550 Number of inspections 2,050 650 2,700 Number of setups 240 60 300 Number of loads 840 220 1,060 Units produced 10,600 5,300 15,900 a. Determine the activity rate for each activity. If required, round the rate to the nearest dollar. Activity Casting Assembly Inspecting Setup Materials handling Activity Rate per machine hour per direct labor hour per inspection per setup per load b. Use the activity rates in (a) to determine the total and per-unit activity costs associated with each product. Round the per unit amounts to the nearest cent. Product Total Activity Cost Activity Cost Per Init Casting $324,160 Machine hours Assembly 173,250 Direct labor hours Inspecting 32,400 Number of inspections Setup 44,100 Number of setups Materials handling 44,520 Number of loads Corporate records were obtained to estimate the amount of activity to be used by the two products. The estimated activity-base usage quantities and units produced follow: Activity Base Entry Dining Total Machine hours 5,370 4,760 10,130 Direct labor hours 4,620 6,930 11,550 Number of inspections 2,050 650 2,700 Number of setups 240 60 300 Number of loads 840 220 1,060 Units produced 10,600 5,300 15,900 a. Determine the activity rate for each activity. If required, round the rate to the nearest dollar. Activity Casting Assembly Inspecting Setup Activity Rate per machine hour per direct labor hour per inspection per setup Materials handling $ per load b. Use the activity rates in (a) to determine the total and per-unit activity costs associated with each product. Round the per unit amounts to the nearest cent. Product Total Activity Cost Activity Cost Per Unit Entry Lighting Fixtures Dining Room Lighting Fixtures