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Business, 12.11.2020 18:30 ogsmash81

ABC Company is planning to use activity-based costing and estimated the following budgeted cost and driver activity for each cost driver:Machining cost = $100,000; machining time = 10,000 hoursDirect labor cost = $80,000; direct labor time = 20,000 hoursInspection cost = $10,000; inspection time = 2,000 hoursCalculate activity-based costing rates for each driver activity:Machining time = $ ? per machine hourDirect labor time = $ ? per direct labor hourInspection time = $ ? per inspection hourPlease show calculations. TIA!

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