1. A firm called The Company of Fools budgets the following overhead costs.

   	Budgeted cost
   Administration	$500,000
   Shop Supplies	$300,000
   Machinery	$200,000

   This firm uses activity-based costing, with the following percentage table to develop activity cost pools.

   Activity Cost Pool	Molding	Remolding	Re-Remolding	Other
   Administration	10%	20%	20%	50%
   Shop Supplies	40%	40%	20%	0%
   Machinery	20%	30%	30%	20%

   In The Company of Fools, they budget the following activity drivers for activity cost pools.

   Activity Cost Pool	Molding	Remolding	Re-Remolding	Other
   Budgeted activity driver	10,000	16,000	5,000	n/a

   The Necio Job consumes $500 in direct costs, 3 units of the Molding activity driver, 5 units of the Re-molding activity driver and 10 units of the Re-Remolding activity driver.

   What is the total job cost for the Necio job?

   	a.	$590.50
   	b.	$1,090.50
   	c.	$644
   	d.	$1,144