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11 45 points 2023613 Greife Corporation's activity-based costing system has three activity cost pools-Machining. Setting Up, and Other. The company's overhead costs have already
11 45 points 2023613 Greife Corporation's activity-based costing system has three activity cost pools-Machining. Setting Up, and Other. The company's overhead costs have already been allocated to these cost pools as follows Machining Setting Up Other $78,218 $ 84,296 $25,700 Costs in the Machining cost pool are assigned to products based on machine-hours (MH-Is) 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. The following table shows the machine-hours and number of batches associated with each of the company's two products: eflook Product RO Product P Total 2,090 8,480 Batches 1,420 220 10,570 1,640 Additional data concerning the company's products appears below: Product KO $274,200 $85,700 Sales (total) Direct materials (total) $ 94,900 Product $219,000 $87, 300 $ 62,400 Direct labor (total) Required: a. Calculate activity rates for each activity cost pool using activity-based costing b. Determine the amount of overhead cost that would be assigned to each product using activity-based costing. c. Determine the product margins for each product using activity-based costing Complete this question by entering your answers in the tabs below. 11 Sales (total) Direct materials (total) Direct labor (total) Required: $274,200 $ 85,700 $239,000 587,300 $ 94,900 $ 62,400 Sever 45 points 202:35:47 a. Calculate activity rates for each activity cost pool using activity-based costing b. Determine the amount of overhead cost that would be assigned to each product using activity-based costing c. Determine the product margins for each product using activity-based costing. Complete this question by entering your answers in the tabs below. eflook Print Required A Required B Required C Determine the product margins for each product using activity based costing Note: Round intermediate calculations to 2 decimal places Product Margin Product KO Product W9 45) points 11 02:35:29 Sales (total) Direct materials (total) Direct labor (total) $274,200 $ 85,700 $ 239,000 $87,300 $ 94,900 $ 62,400 Required: a. Calculate activity rates for each activity cost pool using activity-based costing. b. Determine the amount of overhead cost that would be assigned to each product using activity-based costing. c. Determine the product margins for each product using activity-based costing. Complete this question by entering your answers in the tabs below. eBook Required A Required B Required C Pront Determine the amount of overhead cost that would be assigned to each product using activity-based costing. Note: Round intermediate calculations to 2 decimal places Product KO Product W9 Amount of Overhead Cost sted.cuny.edu%252Fwebapps%252Fpc Saved Exam #4 (ABC Costing) 45 points 11 8023507 Sales (total) Direct materials (total) Direct labor (total) Required: $274,200 $239,000 $87,300 $ 85,700 $ 94,900 $ 62,400 a. Calculate activity rates for each activity cost pool using activity-based costing b. Determine the amount of overhead cost that would be assigned to each product using activity-based costing. c. Determine the product margins for each product using activity-based costing. Complete this question by entering your answers in the tabs below. ellook Required A Required B Required C Print Calculate activity rates for each activity cost pool using activity-based costing. Note: Round your answers to 2 decimal places. Activity Cost Pools Activity Rate Machining per MH Setting up per batch Required A Required B >
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