Question: Petitte Corporation has provided the following data from its activity-based costing system: Activity Cost Pool Total cost Total activity Assembly $612,560 31,000 machine hours Processing
Petitte Corporation has provided the following data from its activity-based costing system:
| Activity Cost Pool | Total cost |
| Total activity | |
| Assembly | $612,560 | 31,000 | machine hours | |
| Processing orders | $35,451 | 1,300 | orders | |
| Inspection | $100,217 | 1,690 | Inspection hours | |
Data concerning the company's product K54A appear below:
| Selling price | $150 per unit |
| Annual production and sales | 410 units |
| Annual machine hours | 700 machine hours |
| Annual number of orders | 30 orders |
| Annual inspection hours | 30 orders |
| Direct materials cost | $45.67 per unit |
| Direct labor cost | $31.24 per unit |
1. Compute the activity rates for each activity cost pool.
2. Compute the overhead cost charged to Product K54A.
3. Compute the unit cost of product K54A.
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