What is the overhead rate for the machine setups

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Reference no: EM132692250

The following overhead cost information is available for Basanets Corporation for 2019:

Activity Allocation Base                      Overhead Cost Purchasing

Number of purchase orders                        $100,000
Receiving Number of shipments received          60,000
Machine setups Number of setups                 150,000
Quality control Number of inspections               50,000

During the year, 5,000 purchase orders were issued; 20,000 shipments were received; 3,000 machine setups were performed; and 4,000 inspections were conducted.

Question a) What is the overhead rate for the purchasing activity?

Question b) What is the overhead rate for the receiving activity?

Question c) What is the overhead rate for the machine setups?

Question d) What is the overhead rate for the quality control activity?

Question e) If Job #229 required 5 purchase orders, 10 shipments, 6 machine setups, and 4 inspections to fill, how much overhead should be assigned to Job #229?

Reference no: EM132692250

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