3 31) How much overhead cost will be assigned to the ice cream sandwich product line using activity-based costing (ABC)? A) $28,000 B) $433,682 C) $850.08 D) $340,000 E) $368,000 (The following information applies to the questions displayed below.) Red and White Company reported the following monthly data: Units produced Sales price Direct materials Direct labor Variable overhead Fixed overhead 2,000 units $ 25 per unit $ 1 per unit $ 2 per unit $ 3 per unit $ 8,000 in total 36) What is Red and White's net income under absorption costing if 980 units are sold and selling and administrative expenses are $12,000? A) S(1,380) B) $6,620 C) $2,700 D) $(2.000) E) $10,620 37) Compute Aztec's departmental overhead rate for the baking department based on machine hours. A) $0.75 per MH B) $1.50 per MH C) $0.50 per MH D) $5.00 per MH E) $2.08 per MH