chipman inc produces water pumps. overhead costs have been identified as follows (on chart) please...
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chipman inc produces water pumps. overhead costs have been identified as follows (on chart) please calculate the activity rate for material handling, material maintenance, and setup.
Activity Pool Material handling Material maintenance Setups Cost $65,000 $95,000 $75,000 Activity Driver Number of moves Number of machine hours Number of production runs Activity 400 38,000 60 Chipman makes 3 models of pumps with the following Units produced Number of moves Machine hours Production runs Economy 10,000 100 9,000 5 Standard 20,000 125 22,000 20 Premium 3,500 175 7,000 35 Required: a. Calculate the activity rate for each activity. (Round yo Cost Activity Rate Material Handling Material Maintenance Setups
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