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A company has the following informat'on for activity-based costing: Product A Product Activity Fabricating parts Assembling Total Activity Cost $1,908,000 $1,218,000 Cost Driver Number of

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A company has the following informat'on for activity-based costing: Product A Product Activity Fabricating parts Assembling Total Activity Cost $1,908,000 $1,218,000 Cost Driver Number of parts Machine hours 48,600 parts 336,000machine hours 110,400 parts B4,000 machine hours Additional information on the products: Direct Sales Materials Products Rovenue Costs Product $5,190,000 $900,000 Product B $3,000,000 $600,000 Direct Labor Costa $375,000 $150,000 Required: Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate the activity rates. (Round your answers to 2 decimal places.) Activity Fabricating parts Assembling Cost Pool per part per machine hour Required 1 Required 2 Required 3 Required 4 Calculate the applied overhead to each product. (Round activity rates to 2 decimal places.) Product A Activity for Overhead Product A assigned to Product A Product B Overhead Activity for Product B assigned to Product B Activity Activity Rate Fabricating parts Assembling Total 24 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Determine total manufacturing cost for each product. Product A Product B Direct Materials Direct Labor ABC Overhead Total manufacturing costs Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required What is the gross profit for each product? Product A Product B Revenue Cost of goods sold Gross Profit

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