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ABC Corporation has an activity - based costing system with three activity cost pools - Machining, Setting Up , and Other. The company's overhead costs,
ABC Corporation has an activitybased costing system with three activity cost pools Machining, Setting Up and Other. The company's overhead costs, which consist of equipment depreciation and indirect labor, have been allocated to the cost pools already and are provided in the table below. Activity Cost Pools Total Machining Setting Up Other Equipment depreciation $ $ $ $ Indirect labor Total $ $ $ $ Costs in the Machining cost pool are assigned to products based on machine hours MHs and 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. Data concerning the two products and the company's costs appear below: MHs Batches Product X Product y Total Product X Product Y Sales total $ $ Direct materials total $ $ Direct labor total $ $ determine the amount of overhead cost that would be assigned to Product X using activitybased costin Group of answer choices
ABC Corporation has an activitybased costing system with three activity cost pools Machining, Setting Up and Other. The company's overhead costs, which consist of equipment depreciation and indirect labor, have been allocated to the cost pools already and are provided in the table below.
Activity Cost Pools Total
Machining Setting Up Other
Equipment depreciation $ $ $ $
Indirect labor
Total $ $ $ $
Costs in the Machining cost pool are assigned to products based on machine hours MHs and 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. Data concerning the two products and the company's costs appear below:
MHs Batches
Product X
Product y
Total
Product X Product Y
Sales total $ $
Direct materials total $ $
Direct labor total $ $
determine the amount of overhead cost that would be assigned to Product X using activitybased costin
Group of answer choices
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