1 Howell Corporation's activity based costing system has three activity cost pools-Machining Setting Up, and other. The company's overhead costs, which consist of equipment depreciation and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources, Equipment depreciation (total) Indirect labor (total) $27,200 $ 7,840 Distribution of Resource Consumption Across Activity Cost Pools Machining 0.40 Setting up 0.30 0.30 other 0.30 0.30 Equipment depreciation Indirect labor 0.40 ces Costs in the Machining cost pool are assigned to products based on machine-hours (MHs) and costs in the Setting Up cost pool are assigned to products based on the number of batches. Costs in the Other cost pool are not assigned to products, MHS Batches Product S4 13, 200 400 Product ce 7,000 1,200 Total 20, 200 1,600 Additional data concerning the company's products appears below: Sales (total) Direct materials (total) - Direct labor (total) Product 54 $81,400 $27,000 $37, 100 Product ce $ 81,500 $ 28, 400 $ 32,600 Required: a. Assign overhead costs to activity cost pools using activity-based costing. b. Calculate activity rates for each activity cost pool using activity-based costing. c. Determine the amount of overhead cost that would be assigned to each product using activity-based costing. d. Determine the product margins for each product using activity-based costing. answers in the tabs below. Required A Required B Required C Required D Assign overhead costs to activity cost pools using activity-based costing. Activity Cost Pools Machining Setting Up Other Total Equipment depreciation Indirect labor Total Required A Required B > ing dies for each activity cost pool using activity-based costing. c. Determine the amount of overhead cost that would be assigned to each product using activi d. Determine the product margins for each product using activity-based costing. Complete this question by entering your answers in the tabs below. 5 Required A Required B Required C Required D Calculate activity rates for each activity cost pool using activity-based costing. (Round your answm Activity Rate Activity Cost Pools Machining Setting up per MH per batch a. Assign overhead costs to activity.cost pools using activity-based costing. b. Calculate activity rates for each activity cost pool using activity-based costing. c. Determine the amount of overhead cost that would be assigned to each product using activity-based co d. Determine the product margins for each product using activity-based costing. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Determine the amount of overhead cost that would be assigned to each product using activity-based costin intermediate calculations to 2 decimal places.) Amount of Overhead Cost Product S4 Product CO a. Assign overhead costs to activity cost pools using activity-based costing, b. Calculate activity rates for each activity cost pool using activity-based costing. c. Determine the amount of overhead cost that would be assigned to each product using activity-based costing d. Determine the product margins for each product using activity-based costing. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Determine the product margins for each product using activity-based costing. (Round intermediate calculations to places.) Product Margin Product S4 Product CO
