Brief Exercise 5-32. Assigning Costs to Activities Objective 2 Example 5.4 4 Craig Company produces electronic components for cell phone producers. The receiving department at Craig has eight clerks who process incoming goods. The total cost of their salaries is $440,000. The work distribution for the activities that they perform is as follows: Activity Unloading goods Counting goods Inspecting goods Percentage of Time on Each Activity 25% 35 40 Required: Assign the cost of labor to each of the three activities in the receiving department.