Question

hello, can you please help me with the problem below, thank you in advance. Panamint Systems...

hello, can you please help me with the problem below, thank you in advance.

Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below.


Activity Cost

Activity Base
Procurement $337,800 Number of purchase orders
Scheduling $209,800 Number of production orders
Materials handling $489,500 Number of moves
Product development $703,500 Number of engineering changes
Production $1,489,700 Machine hours

Number of
Purchase
Orders

Number of
Production
Orders

Number
of
Moves

Number of
Engineering
Changes


Machine
Hours

Number
of
Units
Disk drives 4,130 280 1,240 10 2,400 2,500
Tape drives 2,000 205 780 4 8,200 4,000
Wire drives 11,800 910 4,100 24 10,800 2,700

Determine the activity rate for procurement per purchase order.

a.$150.39

b.$69.61

c.$18.84

d.$242.15

0 0
Add a comment Improve this question Transcribed image text
Answer #1
Activity rate per procurement per purchase order
activity cost/activity base
337,800/(4130+2000+11800)
18.84
option c
18.94
Add a comment
Know the answer?
Add Answer to:
hello, can you please help me with the problem below, thank you in advance. Panamint Systems...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire...

    Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below. Procurement Scheduling Materials handling Product development Production Activity Cost Activity Base $335,300 Number of purchase orders 218,700 Number of production orders 460,700 Number of moves 732,900 Number of engineering changes 1,413,300 Machine hours Number of Purchase Orders Number of...

  • Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire...

    Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below.     Activity Cost      Activity Base Procurement   $384,800                  Number of purchase orders Scheduling   $227,600                  Number of production orders Materials handling   $472,700                  Number of moves...

  • Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire...

    Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below. Procurement Scheduling Materials handling Product development Production Activity Cost Activity Base $347,800 Number of purchase orders 205,800 Number of production orders 491,900 Number of moves 779,400 Number of engineering changes 1,418,700 Machine hours Number of Engineering Machine Changes Hours...

  • Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire...

    Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below. Activity Cost Activity Base Procurement $342,700 Number of purchase orders Scheduling 217,200 Number of production orders Materials handling 417,200 Number of moves Product development 716,900 Number of engineering changes Production 1,549,500 Machine hours Number of Purchase Orders Number of...

  • Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire...

    Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below. Procurement Scheduling Materials handling Product development Activity Cost Activity Base $366,100 Number of purchase orders 244,900 Number of production orders 414,000 Number of moves 720,800 Number of engineering changes 1,584,700 Machine hours Production Number of Engineering Changes Number ol...

  • Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire...

    Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below. Activity Cost Activity Base Procurement $329,900 Number of purchase orders Scheduling 223,700 Number of production orders Materials handling 426,300 Number of moves Product development 762,500 Number of engineering changes Production 1,434,200 Machine hours Number of Purchase Orders Number of...

  • Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire...

    Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below. Activity Cost Activity Base Procurement $368,300 Number of purchase orders Scheduling 205,300 Number of production orders Materials handling 463,200 Number of moves Product development 755,700 Number of engineering changes Production 1,427,300 Machine hours Number of Purchase Orders Number of...

  • Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire...

    Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below. Activity Cost Activity Base Procurement $355,800 Number of purchase orders Scheduling $219,600 Number of production orders Materials handling $486,900 Number of moves Product development $756,500 Number of engineering changes Production $1,495,300 Machine hours Number of Purchase Orders Number of...

  • Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire...

    Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below. Activity Cost Activity Base Procurement $345,800 Number of purchase orders Scheduling $231,000 Number of production orders Materials handling $490,100 Number of moves Product development $785,000 Number of engineering changes Production $1,537,000 Machine hours Number of Purchase Orders Number of...

  • Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire...

    Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below. Activity Cost Activity Base Procurement $371,200 Number of purchase orders Scheduling 234,000 Number of production orders Materials handling 486,400 Number of moves Product development 744,600 Number of engineering changes Production 1,479,200 Machine hours Number of Purchase Orders Number of...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT