Data concerning three of Kilmon Corporation’s activity cost pools appear below: Activity Cost Pools Estimated Overhead Cost Expected Activity Assembling products $ 86,070 4,530 assembly hours Designing products $ 605,412 3,012 product design hours Setting up batches $ 48,140 830 batch set-ups Required: Compute the activity rates for each of the three cost pools.
Data concerning three of Kilmon Corporation’s activity cost pools appear below: Activity Cost Pools Estimated Overhead Cost Expected Activity Assembling products $ 86,070 4,530 assembly hours Designing products $ 605,412 3,012 product design hours Setting up batches $ 48,140 830 batch set-ups Required: Compute the activity rates for each of the three cost pools.
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
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Author:Don R. Hansen, Maryanne M. Mowen
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Chapter4: Activity-based Costing
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Problem 9CE: Patterson Company produces wafers for integrated circuits. Data for the most recent year are...
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Data concerning three of Kilmon Corporation’s activity cost pools appear below:
| Activity Cost Pools | Estimated |
Expected Activity | |
|---|---|---|---|
| Assembling products | $ 86,070 | 4,530 | assembly hours |
| Designing products | $ 605,412 | 3,012 | product design hours |
| Setting up batches | $ 48,140 | 830 | batch set-ups |
Required:
Compute the activity rates for each of the three cost pools.
Transcribed Image Text:Data concerning three of Kilmon Corporation's activity cost pools appear below:
Estimated Overhead
Activity Cost Pools
Assembling products
Designing products
Setting up batches
Activities
Assembling products
Designing products
Setting up batches
Cost
$ 86,070
$ 605,412
$ 48,140
Required:
Compute the activity rates for each of the three cost pools. (Round your answers to 2 decimal places.)
Activity Rate
Expected Activity
4,530 assembly hours
3,012 product design hours
830 batch set-ups
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