National Company budgeted factory overhead at $650,000 for the year, divided among four activities: material moving,...

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National Company budgeted factory overhead at $650,000 for the year, divided among four activities: material moving, $180,000; processing $50,000; sewing, $320,000; and assembly, $100,000.National manufactures two designer products: a velvet and a plaid. The activity-base usage quantities for each product by each activity are estimated as follows: Materials Moving: Velvet 120 moves; Plaid 240 moves Processing: Velvet 40 processes; Plaid 240 processes Sewing: Velvet 4,500 DLHR; Plaid 32,000 DLHR Assembly: Velvet 21,000 DLHR; Plaid 8,500 DLHR Production for the year is budgeted for 6,250 Velvet and 5,300 Plaid. REQUIRED: Determine the: 1. Activity rate for each activity. (Round to the nearest cent) 2. Activity-based factory overhead in total and per unit for each product. (Round to the nearest cent) National Company budgeted factory overhead at $650,000 for the year, divided among four activities: material moving, $180,000; processing $50,000; sewing, $320,000; and assembly, $100,000.National manufactures two designer products: a velvet and a plaid. The activity-base usage quantities for each product by each activity are estimated as follows: Materials Moving: Velvet 120 moves; Plaid 240 moves Processing: Velvet 40 processes; Plaid 240 processes Sewing: Velvet 4,500 DLHR; Plaid 32,000 DLHR Assembly: Velvet 21,000 DLHR; Plaid 8,500 DLHR Production for the year is budgeted for 6,250 Velvet and 5,300 Plaid. REQUIRED: Determine the: 1. Activity rate for each activity. (Round to the nearest cent) 2. Activity-based factory overhead in total and per unit for each product. (Round to the nearest cent)

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Activity Material moving processing Sewing Assembly Activity cost allocated Activity Mate... View the full answer