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Zapato Company produces two types of boots: cowboy and cowgirl. There are four activities associated...

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Accounting

Zapato Company produces two types of boots: cowboy and cowgirl. There are four activities
associated with the two products. Drivers for the four activities are as fo llows:
Cutting hours
Assembly hours
Inspection hours
Rework hours
Cornerstone Exercise 7-29 Consumption Ratios
Refer to the information for Zapato Company above.
Required:
Cowboy
2,100
1,500
675
75
1. Calculate the conswnption ratios for the four drivers.
2. Is there evidence of product diversity? Explain.
Cornerstone Exercise 7-30 Activity Rates
Cowgirl
3,900
2,250
1,575
225
Refer to the information for Zapato Company above. The foUowing activity data have been
coUected:
Required:
Cutting
Assembling
Inspecting
Reworking
$60,000
75,000
18,000
9,000
Calculate the activity rates that would be used to assign costs to each product.
OBJECTIVE 0
CORNERSTONE 7-1
OBJECTIVE 0
CORNERSTONE 7-2
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