Data Concerning Three of Parkeman Corporation's Activity Cost Pools Appear

question 146

Essay

Data concerning three of Parkeman Corporation's activity cost pools appear below:
$$\begin{array} { l r c } \text { Activity Cost Pools } & \text { Total Cost } & \text { Total Activity } \\\text { Assembling products } & \$ 49,830 & 4,530 \text { assembly hours } \\\text { Designing products } & 557,220& 3,012 \text { product design hours } \\\text { Batch Setup } & 38,180& \text { 830 batch set-ups }\end{array}$$
Required:
Compute the activity rates for each of the three cost pools. Show your work.

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Definitions:

Monthly Expenses

Recurring costs or bills that need to be paid every month, often including housing, utilities, food, and transportation.

Financial Management

The practice of planning, organizing, controlling, and monitoring financial resources with a view to achieve organizational goals and objectives.

Traditional Student

A student 18 to 25 years old, usually going from high school directly to college.

Hands-On Experience

Practical experience gained through direct involvement in a task or activity, often as opposed to theoretical knowledge.