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Activity-Based Costing (ABC) for Manufacturing Industry: A manufacturing company has identified three cost pools: setup, machining, and assembly. The total costs and activity drivers for
Activity-Based Costing (ABC) for Manufacturing Industry:
A manufacturing company has identified three cost pools: setup, machining, and assembly. The total costs and activity drivers for each pool are: Setup ($15,000, 30 setups), Machining ($25,000, 2,000 machine hours), and Assembly ($10,000, 500 hours). Calculate the overhead rate for each cost pool.
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