1 1Privott, Inc., manufactures and sells two products: Product 29 and Product NO, The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, andexpected activity:EstimatedExpected ActivityActivityOverhead1Activity Cost PoolsMeasuresCostProduct 29 Product NOTotalpoints$ 333,01850,247Labor-relatedDLHS7,3003,90011,200Product testingOrder sizetests1,80010,100850950MHs475,6084,9005,200$ 858,873The activity rate for the Labor-Related activity cost pool under activity-based costing is closest to:Multiple Choice$52.89 per DLH$47715 per DLH$59.11 per DLH$29.73 per DLH

The activity rate for labor is calculated by dividing the estimated cost by the expected activity.

Privott, Inc., manufactures and sells two products: Product 29 and Product NO. The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures expected activity Estimated Expected Activity Activity Overhead Activity Cost Pools Measures Cost $ 333,018 se, 247 Product 29 Product N0 7,300 Total Labor-related DLHS 3,900 11,200 1,800 10,100 Product testing tests 850 950 Order size MHs 475,608 4,900 5, 200 $ 858,873 The activity rate for the Labor-Related activity cost pool under activity-based costing is closest to Multiple Choice

Privott, Inc., manufactures and sells two products: Product 29 and Product NO. The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures expected activity Estimated Expected Activity Activity Overhead Activity Cost Pools Measures Cost $ 333,018 se, 247 Product 29 Product N0 7,300 Total Labor-related DLHS 3,900 11,200 1,800 10,100 Product testing tests 850 950 Order size MHs 475,608 4,900 5, 200 $ 858,873 The activity rate for the Labor-Related activity cost pool under activity-based costing is closest to Multiple Choice

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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