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Fast Company has established the following overhead cost pools and cost drivers for the month...

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Accounting

Fast Company has established the following overhead cost pools and cost drivers for the month of May:

Cost PoolOverhead CostsCost Driver Levels
Purchase orders$ 19,08030orders
Machine setups42,000100setups
Electricity20,00020,000kilowatt hours

The following information pertains to the actual consumption of activity resources for two sample jobs completed during May.

Job M1Job M2
Number of units produced480960
Number of purchase orders2015
Number of setups2515
Number of kilowatt hours480960

What is the activity-based overhead rate per purchase order?

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