2.

Moorman Corporation has an activity-based costing system with three activity cost pools--Processing, Setting Up, and Other. The company's overhead costs consist of equipment depreciation and indirect labor and are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Equipment depreciation totals $68,000 and indirect labor totals $5,000. Data concerning the distribution of resource consumption across activity cost pools appear below: Processing 0.60 0.30 Setting Up 0.15 Equipment depreciation Indirect labor 0:26 Other 0.25 0.50 Required: Assign overhead costs to activity cost pools using activity-based costing. Activity Cost Pools Processing Setting Up Other Total Equipment depreciation Indirect labor Total $ 0 $ 0 $ 0 $ Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing, $45,100; Supervising, $34,400; and Other, $23,300. Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data appear below: Product 06 Product D7 Total MHS (Processing) 9,700 1,220 10,920 Batches (Supervising) 1,440 990 2,430 What is the overhead cost assigned to Product 06 under activity-based costing? (Round your intermediate calculations to 2 decimal places.)