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1) Groleau Corporation bas an activity-based costing system with three activity cost pools-Processing, Setting Up, and Other. The company's overhead costs. which consist of factory
1) Groleau Corporation bas an activity-based costing system with three activity cost pools-Processing, Setting Up, and Other. The company's overhead costs. which consist of factory utilities and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Costs in the Processing cost pool are assigned to products based on machine-hour (MHs) and costs in the Setting Up cost pool are assigned to products based on the nuniler of batches. Costs in the Oiher cost pool are not assigned to products. Data conceming the two products and the company's costs and activity-based costing system appear below: Factory utilities (total) Indireot labor (total) c. Determine the amount of overhead cost that would be assigned to each product using activity-based costing. For each Product d. Determine the product margins for each product using activity-based costing
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