Activity Rates and Determining the cost of a product, which consist of direct materials, direct labor, and factory overhead.Product Costs using Activity-Based Costing Lonsdale Inc. manufactures entry...

Activity Rates and Determining the cost of a product, which consist of direct materials, direct labor, and factory overhead.Product Costs using Activity-Based Costing

Lonsdale Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the fixtures. These activities and their associated budgeted activity costs and A measure of activity that is related to changes in cost. Used in analyzing and classifying cost behavior.activity bases are as follows:

Corporate records were obtained to estimate the amount of activity to be used by the two products. The estimated activity-base usage quantities and units produced follow:

a.Determine the activity rate for each activity.
If required, round the rate to the nearest dollar.

b.Use the activity rates in (a) to determine the total and per-unit activity costs associated with each product.
Round the per unit amounts to the nearest cent.