Franklin Corporation Manufactures a Wide Variety of Products and Uses

Multiple Choice

Franklin Corporation manufactures a wide variety of products and uses an activity-based costing system.Data from its activity-based costing system for all products follows: $\begin{array}{|l|r|r|l|}\hline \text { Activity cost pool } & \text { Total cost } & \text { Total activity }\\\hline \text { Engineering costs } & \$ 149,500 & 6,500 & \text { engineering hours } \\\hline \text { Setup costs } & \$ 34,000 & 2,000 & \text { number of batches } \\\hline \text { Assembling products } & \$ 667,000 & 7,250 & \text { direct labor hours } \\\hline\end{array}$
What is the engineering cost pool rate per engineering hour?

A) $ 17
B) $ 92
C) $ 52
D) $ 23