A manufacturer uses activity-based costing to assign overhead cost to products. Budgeted cost information for its activities follows. Activity Purchasing Factory services Setup Budgeted Cost $ 183,600 102,450 67,450 Activity Cost Driver Purchase orders Square feet Setups Compute an activity rate for each activity. (Round your answers to 2 decimal places.) Budgeted Activity Usage Budgeted Activity Usage 5,100 purchase orders 5,600 square feet 50 Setups Activity Rate Activity Budgeted Cost Purchasing $ 183,600 Factory services $ 102,450 Setup $ 67,450

Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter4: Accounting For Factory Overhead
Section: Chapter Questions
Problem 4P: Using the data in P4-2 and Microsoft Excel: 1. Separate the variable and fixed elements. 2....
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A manufacturer uses activity-based costing to assign overhead cost to products. Budgeted cost information for its activities follows.
Activity
Purchasing
Factory services
Setup
Budgeted Cost
$ 183,600
102,450
67,450
Activity Cost Driver
Purchase orders.
Square feet
Setups
Compute an activity rate for each activity. (Round your answers to 2 decimal places.)
Budgeted Activity Usage
5,100 purchase orders.
5,600 square feet
50 Setups
Activity
Budgeted Cost
Purchasing
$
183,600
Factory services
$
102,450
Setup
$
67,450
Budgeted Activity Usage
Activity Rate
Transcribed Image Text:A manufacturer uses activity-based costing to assign overhead cost to products. Budgeted cost information for its activities follows. Activity Purchasing Factory services Setup Budgeted Cost $ 183,600 102,450 67,450 Activity Cost Driver Purchase orders. Square feet Setups Compute an activity rate for each activity. (Round your answers to 2 decimal places.) Budgeted Activity Usage 5,100 purchase orders. 5,600 square feet 50 Setups Activity Budgeted Cost Purchasing $ 183,600 Factory services $ 102,450 Setup $ 67,450 Budgeted Activity Usage Activity Rate
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