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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