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Read the Data table 1. Compute the activity cost allocation rates for the year. (Round...

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Accounting

image Read the Data table 1. Compute the activity cost allocation rates for the year. (Round your answers to the nearest whole dollar.) First determine the formula to compute the allocation rate for the activity-based cost rate, then calculate the rate for each activity. More info During May, Jim and Camilla Hadsall machined and assembled Job 433. Jim worked a total of 12 hours on the job, while Camilla worked 4 hours on the job. Jim is paid a $25 per hour wage rate, while Camilla is paid $29 per hour because of her additional experience level. Direct materials requisitioned for Job 433 totaled $1,100. The following additional information was collected on Job 433: The job required 2 machine setups, 5 machine hours, and 2 quality control tests

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