D Required information [The following information applies to the questions displayed below] Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cont. Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory Activity Cost Pool Labor-related Machine-related Required: Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.) Machine setups Production orders Product testing Estimated Overhead Cont $ 29,200 $7,000 $ 18,000 $ 24,000 $ 24,000 $ 47,600 $ 59,600 Packaging General factory Activity Rate : per DLH per MH per setup per order Expected Activity 4,000 direct labor-hours 7,000 machine-hours 500 setups 500 orders per test per package per DLH 1,200 tests 3,400 packages 4,000 direct laber-hours

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Required information
[The following information applies to the questions displayed below.]
Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has
the following seven activity cost pools:
Activity Cost Pool
Labor-related
Machine-related
Machine setups
Production orders
Product testing
Packaging
General factory
Activity Cost Pool
Labor-related
Machine-related
Estimated
Overhead Cont
$ 29,200
$7,000
$ 18,000
$ 24,000
$24,000
Machine setups
Production orders
Product testing
Packaging
General factory
$ 47,600
$ 59,600
Required:
1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.)
Activity Rate
per DLH
per MH
per setup
per order
Expected Activity
4,000 direct labor-hours-
7,000 machine-hours
por test
per package
per DLH
500 setups
500 orders
1,200 tests
3,400 packages
4,000 direct laber-hours:
Transcribed Image Text:Required information [The following information applies to the questions displayed below.] Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory Activity Cost Pool Labor-related Machine-related Estimated Overhead Cont $ 29,200 $7,000 $ 18,000 $ 24,000 $24,000 Machine setups Production orders Product testing Packaging General factory $ 47,600 $ 59,600 Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.) Activity Rate per DLH per MH per setup per order Expected Activity 4,000 direct labor-hours- 7,000 machine-hours por test per package per DLH 500 setups 500 orders 1,200 tests 3,400 packages 4,000 direct laber-hours:
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