Assume a company’s activity-based costing system includes three activities. The following information is available with respect to those activities: Activity Cost Pool Estimated Overhead Cost Expected Activity Testing $ 150,000 100,000 testing minutes Setups $ 114,400 2,200 setup hours Molding $ 220,000 10,000 machine hours What is the activity rate for the Setups activity?

Assume a company’s activity-based costing system includes three activities. The following information is available with respect to those activities: Activity Cost Pool Estimated Overhead Cost Expected Activity Testing $ 150,000 100,000 testing minutes Setups $ 114,400 2,200 setup hours Molding $ 220,000 10,000 machine hours What is the activity rate for the Setups activity?

Mathematics For Machine Technology

8th Edition

ISBN:9781337798310

Author:Peterson, John.

Publisher:Peterson, John.

Chapter24: Percent Practical Applications

Section: Chapter Questions

Problem 41A

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Activity Cost Pool	Estimated Overhead Cost	Expected Activity
Testing	$ 150,000	100,000	testing minutes
Setups	$ 114,400	2,200	setup hours
Molding	$ 220,000	10,000	machine hours

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