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3. Genesis Wheels manufactures spoked and solid bicycle wheels. The company relies on an activity based costing system. The following information has been provided for
3. Genesis Wheels manufactures spoked and solid bicycle wheels. The company relies on an activity based costing system. The following information has been provided for the cost pools: Spoked | Cost Pool Machine set-up Assembly / Polish Inspection | Total production Activity Set-ups Labor hours Inspections | Activity Cost $180,000 $280,000 $24,000 40,000 100 10,000 Solid 800 30,000 1,100 10,000 Required: a) Determine the total overhead cost assigned to each product. b) Determine the overhead cost per unit for each product
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