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16/25 points Corporation has an activity-based costing system with three activity cost pools--Machining, Setting Up, and Other. The company's overhead costs have already been allocated
16/25 points Corporation has an activity-based costing system with three activity cost pools--Machining, Setting Up, and Other. The company's overhead costs have already been allocated to the cost pools d total $25,200 for the Machining cost pool, $17,200 for the Setting Up cost pool, and $41,600 for the Other cost pool. osts 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 e Other cost pool are not assigned to products. Data concerning the two products and the company's costs appear below: MHS Batches Product R8 6,600 200 Product N8 3,400 800 Total 10,000 1,000 Sales (total) Direct materials (total) Direct labor (total) Product R8 $ 252,600 $ 125,100 $ 95,200 Product N8 $ 172,800 $ 96,900 $ 48,100 Cequired: . Determine the amount of overhead cost that would be assigned to each product using activity-based costing.
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