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Millner Corporation has provided the following data from its activity-based costing accounting system: Activity Cost Pool Designing products Total Cost Total Activity Setting up batches Assembling products $ 1,372,448 $ 33,300 $ 126,160 7,798 product design hours 740 batch set-ups 6,640 assembly hours The activity rate for the "designing products" activity cost pool is closest to:

Millner Corporation has provided the following data from its activity-based costing accounting system: Activity Cost Pool Designing products Total Cost Total Activity Setting up batches Assembling products $ 1,372,448 $ 33,300 $ 126,160 7,798 product design hours 740 batch set-ups 6,640 assembly hours The activity rate for the "designing products" activity cost pool is closest to:

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter4: Activity-based Costing
Section: Chapter Questions
Problem 9CE: Patterson Company produces wafers for integrated circuits. Data for the most recent year are...
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Millner Corporation has provided the following data from its activity-based costing accounting system: Activity Cost Pool Designing products Total Cost Total Activity Setting up batches Assembling products $ 1,372,448 $ 33,300 $ 126,160 7,798 product design hours 740 batch set-ups 6,640 assembly hours The activity rate for the "designing products" activity cost pool is closest to: Multiple Choice $57 per product design hour $101 per product design hour $176 per product design hour $1,372,448 per product design hour
Transcribed Image Text:Millner Corporation has provided the following data from its activity-based costing accounting system: Activity Cost Pool Designing products Total Cost Total Activity Setting up batches Assembling products $ 1,372,448 $ 33,300 $ 126,160 7,798 product design hours 740 batch set-ups 6,640 assembly hours The activity rate for the "designing products" activity cost pool is closest to: Multiple Choice $57 per product design hour $101 per product design hour $176 per product design hour $1,372,448 per product design hour
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