Data concerning three of Parkeman Corporation's activity cost pools appear below:Activity Cost PoolsTotal CostTotal ActivityAssembling products$49,830 4,530assembly hoursDesigning products 557,220 3,012product design hoursBatch Setup 38,180 830batch set-upsRequired:Compute the activity rates for each of the three cost pools. Show your work.
What will be an ideal response?
| Total Cost | Total Activity | Activity Rate | ||||||
| Assembling products | $ | 49,830 | 4,530 | assembly hours | $ | 11 | per assembly hour | |
| Designing products | $ | 557,220 | 3,012 | product design hours | $ | 185 | per product design hour | |
| Batch Setup | $ | 38,180 | 830 | batch set-ups | $ | 46 | per batch set-up | |
You might also like to view...
Use the information below for Shorter Inc for 2016 and 2017 to answer the following question. Equipment, December 31, 2016 $65,000 Equipment, December 31, 2017 72,000 Accumulated depreciation, December 31, 2016 39,000 Accumulated depreciation, December 31, 2017 30,000 During 2017, Shorter Inc sold equipment with a cost of $30,000 and accumulated depreciation of $25,000 . A gain of $3,000 was
recognized on the sale of the equipment This was the only equipment sale during the year. Assume that all purchases of equipment were paid with cash. How much cash was paid by Shorter for the purchase of equipment during 2017? a. $7,000 b. $30,000 c. $37,000 d. $72,000
Formal employee assistance programs:
a. tend to increase the incidence of fraud in organizations. b. help employees gain access to promotions. c. help employees deal with personal and unshareable pressures. d. generally are considered to provide an ROI (return on investment) in excess of 10%. e. All of the choices are true of employee assistance programs.
A mentor is likely to discourage the protégé from continuous learning because such activity detracts from getting the job done
Indicate whether the statement is true or false.
In the telephone system, conversions are reproduced using the
range from 300 – 3400 Hz in order to limit the required capacity of transmission lines. Indicate whether the statement is true or false