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meanwhile company produces three models of aluminum skateboards the models have mino 4239182

Meanwhile Company produces three models of aluminum skateboards. The models have minor differences, but their processing operations and production costs are identical. During June, these costs were incurred:Direct materialsAluminum frame……$162,524Bolts………. 3,876Purchased partsWheels ………. 74,934Decals ……….. 5,066Materials handling (assigned based on direct materials cost)Labor………. 17,068Utilities………. 4,438Maintenance…….. 914Depreciation…….. 876Assembly line (assigned based on labor hours)Labor………. 46,080Setup (assigned based on number of setups)Labor ………. 6,385Supplies……… 762Overhead………. 3,953Product testing (assigned based on number of tests)Labor……….. 2,765Supplies………. 435Building occupancy (assigned based on machine hours)Insurance……… 5,767Depreciation………. 2,452Repairs and maintenance… 3,781For June, output totaled 32,000 skateboards. Each board required 1.5 machine hours of effort. During June, Meanwhile’s assembly line worked 2,304 hours, performed 370 setups and 64,000 product tests, and completed an order for 1,000 skateboards placed by Whatever Toys Company. The job incurred costs of $5,200 for direct materials and $2,500 for purchased parts. It required 3 setups, 2,000 tests, and 72 assembly line hours.Required 1. Compute the following activity cost rates:a. Materials handling cost rateb. Assembly line cost ratec. Setup cost rate d. Product testing cost ratee. Building occupancy cost rate2. Prepare a bill of activities for the Whatever Toys job.3. Use activity-based costing to computer the job’s total cost and product unit cost. (Round your answer to two decimal places.) View Solution:
Meanwhile Company produces three models of aluminum skateboards

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