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21 1 pts The following is key information about EFG Coro's overhead costs and their costing system which is a hybrid between departmental costing and
21 1 pts The following is key information about EFG Coro's overhead costs and their costing system which is a hybrid between departmental costing and activity based costing: Each year, it incurs $32,000 of overhead costs from its three departments: production ($20,000), inspections ($5,000) and packing ($7,000). EFG Corp. has one activity cost pool for each department and calculates its activity-based-costing cost driver rates based on practical capacity: 800 machine-hours for the production department, 80 inspections for inspections department, and 140 orders for the packing department. Information about the company's two products is as follows: Product A Product B Machine hours 300 300 Inspections 40 30 Orders packed 45 65 Direct labor hours 170 180 How much overhead cost is assigned to Product A if the company uses activity based costing with a cost pool for each department? (choose the closest answer) $15.720 $16,279 $18.121 $16.725 $12.250 O $12.625
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