Required information [The following information applies to the questions displayed below.) Rustafson Corporation is a...
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Required information [The following information applies to the questions displayed below.) Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory Estimated Overhead Cost $ 25,600 $ 9,000 $ 23,000 $ 26,400 $ 39,600 $ 57,800 $ 52,800 Expected Activity 4,000 direct labor-hours 9,000 machine-hours 500 setups 600 orders 1,200 tests 3,400 packages 4,000 direct labor-hours Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.) Activity Rate Activity Cost Pool Labor-related per DLH Machine-related per MH per setup per order Machine setups Production orders Product testing Packaging General factory per test per package per DLH 2. Compute the company's predetermined overhead rate, assuming that the company uses a single plantwide predetermined overhead rate based on direct labor-hours. (Round your answer to 2 decimal places.) Predetermined overhead rate per DLH
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