Required information

Exercise $10-50($Algo$)$ Resources Used versus Resources Supplied: Working Backward $($LO $10-5)$

$[$The following information applies to the questions displayed below.$]$

Hosmer Industries provides the following information about resources and usage:

$\backslash$begin$\{$tabular$\}\{$lrr$\}$

& $\backslash$begin$\{$tabular$\}\{$c$\}$

Unused $\backslash \backslash$

Resources $\backslash \backslash$

Capacity

$\backslash$end$\{$tabular$\}$ & Cost Driver Volume $\backslash \backslash$

Resources used & $\backslash (\backslash$$ $6,000\backslash )$ & $6,400$ pounds $\backslash \backslash$

Materials & $3,864$ & $272$ hours $\backslash \backslash$

Power & $2,040$ & $62$ setups $\backslash \backslash$

Setups & $4,560$ & $64$ purchase orders $\backslash \backslash$

Purchasing & $18,480$ & $40$ inquiries $\backslash \backslash$

Client assistance & $8,400$ & $256$ labor$-$hours $\backslash \backslash$

Supervision & $6,960$ & $3,360$ square meters $\backslash \backslash$

Facility cost & $\backslash (\backslash$$ $313,200\backslash )$ & $\backslash \backslash$

Resources supplied & $46,296$ & $\backslash \backslash$

Materials & $58,584$ & $\backslash \backslash$

Power & $58,320$ & $\backslash \backslash$

Setups & $38,160$ & $\backslash \backslash$

Purchasing & $72,912$ & $\backslash \backslash$

Client assistance & $107,760$ &

$\backslash$end$\{$tabular$\}$ Exercise $10-50($Algo$)$ Part a

Required:

a$.$ Compute the cost driver rate for each resource.

Note: Round your answers to the nearest whole dollar amount.

$\backslash$begin$\{$tabular$\}\{|$l$|$l$|$l$|\}$

$\backslash$hline $\backslash$multicolumn$\{2\}\{|$c$|\}\{$ Cost Driver Rate $\}\backslash \backslash$

$\backslash$hline Materials & & per pound $\backslash \backslash$

$\backslash$hline Power & & per hour $\backslash \backslash$

$\backslash$hline Setups & & per setup $\backslash \backslash$

$\backslash$hline Purchasing & & per order $\backslash \backslash$

$\backslash$hline Client assistance & & per inquiry $\backslash \backslash$

$\backslash$hline Supervision & & per labor$-$hour $\backslash \backslash$

$\backslash$hline Facility cost & per square meter $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$