Ringwold, Inc., has done a cost analysis for its production of baseball cards. The following activities and cost drivers have been developed:
Following are the actual costs of producing 35,000 cards:
60 labor hours; 500 machine hours; 5 batches; 30 purchase orders
The following variances were given in the activity performance report:
Required:
Find the missing values.
Prepare an activity-based performance report in good form.

Question

Ringwold, Inc., has done a cost analysis for its production of baseball cards. The following activities and cost drivers have been developed:
  Following are the actual costs of producing 35,000 cards:
60 labor hours; 500 machine hours; 5 batches; 30 purchase orders
  The following variances were given in the activity performance report:
  Required:
Find the missing values.
Prepare an activity-based performance report in good form.

Quizplus · Accepted Answer

The Answer of Ringwold, Inc., has done a cost analysis for its production of baseball cards. The following activities and cost drivers have been developed:
  Following are the actual costs of producing 35,000 cards:
60 labor hours; 500 machine hours; 5 batches; 30 purchase orders
  The following variances were given in the activity performance report:
  Required:
Find the missing values.
Prepare an activity-based performance report in good form.