Question
Apex Corporation manufactures two types of widgets: Standard and Pro. For the past quarter, Apexs overhead costs consist of $1.25 million in machining costs and
Apex Corporation manufactures two types of widgets: Standard and Pro. For the past quarter, Apexs overhead costs consist of $1.25 million in machining costs and $1.45 million in assembly costs. Other data for the period include the following: Direct Labor hour: 10,000 for Standard , 15,000 for Pro. Machine Hours : 8,000 Standard 10,000 for Pro. Number of parts: 40,000 Standard and 55,000 Pro.What is the total overhead allocated to the Pro widgets under a traditional allocation based on number of parts and under activity-based costing?
A :
$1,564,400 and $1,563,100
B :
$1,135,520 and $1,136,800
C :
$1,563,100 and $1,564,400
$1,136,800 and $1,135,520
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