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b. The company's overhead costs can be attributed to four major activities. These activities and the amount of overhead cost attributable to each for
b. The company's overhead costs can be attributed to four major activities. These activities and the amount of overhead cost attributable to each for the current year are given below: (5 marks) Expected Activity Activity Costs Pools Estimated Overhead Costs Product 1 Product 2 Total Machine set-ups required $170,000 700 1,000 1,700 Purchase orders issued 37,000 300 200 500 Machine-hours required 91,000 4,000 9,000 13,000 Maintenance requests issue 98,000 400 600 1,000 $396,000 Using the data above and an activity-based costing approach, determine the unit product cost of each product for the current year.
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