[The following information applies to the questions displayed below.) Rustafson Corporation is a diversified manufacturer...
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[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, 200 $ 5,000 $ 18,000 $ 29,400 $ 23,000 $ 84,000 $ 60,000 Expected Activity 2,000 direct labor-hours 5,000 machine-hours 500 setups 700 orders 1,000 tests 3,500 packages 2,000 direct labor-hours Exercise 4-2 Part 1 (Algo) Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.) Activity Cost Pool Labor-related Activity Rate 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
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