eBook Product Costs using Activity Rates Hercules Inc. manufactures elliptical exercise machines and treadmills. The products are produced in its Fabrication and Assembly production departments. In addition to production activities, several other activities are required to produce the two products. These activities and their associated activity rates are as follows: Activity Fabrication Assembly Setup Inspecting Production scheduling Purchasing Print Item ( $50 per setup $28 per inspection $14 per production order $11 per purchase order The activity-base usage quantities and units produced for each product were as follows: Activity Base Elliptical Machines Machine hours Direct labor hours Setups Inspections Production orders Purchase orders Units produced Use the activity rate and usage information to determine the total activity cost and activity cost per unit for each product. If required, round the per unit answers to the nearest cent. Total Activity Cost Activity Cost Per Unit Elliptical Machines Treadmill Activity Rate $24 per machine hour $13 per direct labor hour. 1,687 419 53 732 78 198 286 Treadmill 995 163 16 439 16 121 192 Check My Work 4 more Check My Work uses remaining. All work saved. M P Email Instructor Save and Exit 39°F A Previous Next Submit Assignment for Grading 1:05 PM 3/16/2023

Financial & Managerial Accounting
14th Edition
ISBN:9781337119207
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter18: Activity-Based Costing
Section: Chapter Questions
Problem 3ADM: Production run size and activity improvement Littlejohn, Inc. manufactures machined parts for the...
icon
Related questions
Question
gagenown/ilm/takeAssignment/takeAssignmentMain.do?invoker=&ta... A Q
eBook
Activity
Fabrication
Assembly
Setup
Inspecting
Production scheduling
Purchasing
Activity Rate
$24 per machine hour
$13 per direct labor hour
$50 per setup
$28 per inspection
$14 per production order
$11 per purchase order
The activity-base usage quantities and units produced for each product were as follows:
Elliptical Machines
Treadmill
1,687
419
53
Activity Base
Machine hours
Direct labor hours
Setups
Elliptical Machines
Treadmill
4
Product Costs using Activity Rates
Hercules Inc. manufactures elliptical exercise machines and treadmills. The products are produced in its Fabrication and Assembly production departments. In addition to production activities, several
other activities are required to produce the two products. These activities and their associated activity rates are as follows:
C
101
Print Item
%
15
5
732
$
Inspections
Production orders
Purchase orders
198
Units produced
286
Use the activity rate and usage information to determine the total activity cost and activity cost per unit for each product. If required, round the per unit answers to the nearest cent.
Total Activity Cost
Activity Cost Per Unit
78
Check My Work 4 more Check My Work uses remaining.
16
995
А
163
6
16
439
CengageNOWv2 | Online teachin X
16
121
192
40
17
&
+
7
All work saved.
M
hp
fg
4+
8
Y
(
O
R
P
F10
▶II
Po
(?
MEXH
f11
TH!
LO
INT I
¡OFF
+ 1x
►
O
Email Instructor Save and Exit
n
112
0
Previous Next >
39°F MBC回后场
Submit Assignment for Grading
€
insert
1:05 PM
3/16/2023
prt sc
backer
Transcribed Image Text:gagenown/ilm/takeAssignment/takeAssignmentMain.do?invoker=&ta... A Q eBook Activity Fabrication Assembly Setup Inspecting Production scheduling Purchasing Activity Rate $24 per machine hour $13 per direct labor hour $50 per setup $28 per inspection $14 per production order $11 per purchase order The activity-base usage quantities and units produced for each product were as follows: Elliptical Machines Treadmill 1,687 419 53 Activity Base Machine hours Direct labor hours Setups Elliptical Machines Treadmill 4 Product Costs using Activity Rates Hercules Inc. manufactures elliptical exercise machines and treadmills. The products are produced in its Fabrication and Assembly production departments. In addition to production activities, several other activities are required to produce the two products. These activities and their associated activity rates are as follows: C 101 Print Item % 15 5 732 $ Inspections Production orders Purchase orders 198 Units produced 286 Use the activity rate and usage information to determine the total activity cost and activity cost per unit for each product. If required, round the per unit answers to the nearest cent. Total Activity Cost Activity Cost Per Unit 78 Check My Work 4 more Check My Work uses remaining. 16 995 А 163 6 16 439 CengageNOWv2 | Online teachin X 16 121 192 40 17 & + 7 All work saved. M hp fg 4+ 8 Y ( O R P F10 ▶II Po (? MEXH f11 TH! LO INT I ¡OFF + 1x ► O Email Instructor Save and Exit n 112 0 Previous Next > 39°F MBC回后场 Submit Assignment for Grading € insert 1:05 PM 3/16/2023 prt sc backer
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 5 steps

Blurred answer
Knowledge Booster
Costing for Spoilage, rework and scrap
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Financial & Managerial Accounting
Financial & Managerial Accounting
Accounting
ISBN:
9781337119207
Author:
Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:
Cengage Learning
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Managerial Accounting: The Cornerstone of Busines…
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub