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.

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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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:
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
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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