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Barnett Products manufactures three types of remote-control devices: Economy, Standard, and Deluxe. The company, which uses activity-based costing, has identified five activities (and related cost drivers). Each activity, its budgeted cost, and related cost driver is identified below.

-What is Barnett's pool rate for the finishing activity?
A) $5.00 per labor hour.
B) $5.00 per machine hour.
C) $5.00 per unit.
D) $7.50 per unit.
E) None of the answers is correct.

Question

Use the following information to answer the following Questions
Barnett Products manufactures three types of remote-control devices: Economy, Standard, and Deluxe. The company, which uses activity-based costing, has identified five activities (and related cost drivers). Each activity, its budgeted cost, and related cost driver is identified below.

-What is Barnett's pool rate for the finishing activity?
A) $5.00 per labor hour. 
B) $5.00 per machine hour. 
C) $5.00 per unit. 
D) $7.50 per unit. 
E) None of the answers is correct.

Quizplus · Accepted Answer

Barnett's pool rate for the finishing activity is $5.00 per labor hour.

Use the Following Information to Answer the Following Questions