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9 Greife Corporation's activity-based costing system. The company's overhead costs have already been allocated to these cost pools as follows: Machining Setting Up Other $
9 Greife Corporation's activity-based costing system. The company's overhead costs have already been allocated to these cost pools as follows: Machining Setting Up Other $ 39,235 $ 193,356 $ 25, 200 10 points % 01:01:22 . Costs in the Machining cost pool are assigned to products based on machine-hours (MHS) Costs in the Setting up cost pool are assigned to products based on the number of batches. Costs in the Other cost pool are not assigned to products. . The following table shows the machine-hours and number of batches associated with each of the company's two products: Product ke Product W9 MHS 2,689 8,530 11, 210 , Batches 1,750 230 Total 1,980 Additional data concerning the company's products appears below. Sales (total) Direct materials (total) Direct labor (total) Product ke Product W9 $281,000 $198,00 $ 79, eee $ 84,400 $ 93,300 $ 67,800 Required: a. Calculate activity rates for each activity cost pool using activity-based costing. b. Determine the amount of overhead cost that would be assigned to each product using activity-based costing. c. Determine the product margins for each product using activity-based costing. Complete this question by entering your answers in the tabs below. Required A Required B Required c Determine the amount of overhead cost that would be assigned to each product using activity-based costing. (Round intermediate calculations to 2 decimal places.) Amount of Overhead Cost Product KO Product W9
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