4: Ch 12 & Appen. F Question 16 of 20

4: Ch 12 & Appen. F Question 16 of 20 View Policies Current Attempt in Progress Sheridan Company incurs $520000 overhead costs each year in its three main departments, setup ($40000), machining ($335000), and packing ($ 145000). The setup department performs 40 setups per year, the machining department works 5000 hours per year, and the packing department packs 500 orders per year. Information about Sheridan's two products is as follows: Product A1 Product Bl Number of setups Machining hours Orders packed Number of products manufactured 20 1000 150 600 .20 4000 350 400 If machining hours are used as a base under traditional casting, how much overhead is assigned to Product A1 each year? o $104000 o $156000 o $167500 o $260000 eTextbook and Media