A two-bin approach is used to control inventory for a certain low-cost hardware item. Each bin holds 300 units of the item. When one bin becomes empty, an order for 300 units is released to replace the stock in that bin. The order lead time is less than the time it takes to deplete the stock in one bin, so the chance of a stock-out is low. Annual usage of the item is 4000 units. Ordering cost is $30.

(a) What is the imputed holding cost per unit for this item, based on the data given?

Mordica company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $156,960, $382,800, and $84,640, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,180, machine hours 25,520, and number of inspections 1,840. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection