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Easton Company uses activity-based costing to compute product costs for external reports. The company has three activity centers and applies overhead using predetermined overhead rates
Easton Company uses activity-based costing to compute product costs for external reports. The company has three activity centers and applies overhead using predetermined overhead rates for each activity center. Estimated costs and activities for the current year are presented below for the three activity centers: Batch Setups Estimated Overhead Cost $ 18,000 and Expected Activity 1500 Material Handling Estimated Overhead Cost $43,400 and Expected Activity 1400 General Factory Estimated Overhead Cost $61,600 and Expected Activity 2200 Actual costs and activities for the current year were as follows: Batch Setups Actual Overhead Cost $18,740 and Actual Activity 1450 Material Handling Actual Overhead Costs $42,060 and Actual Activity 1400 General Factory Actual Overhead Cost $60,440 and Actual Activity 2180 Required: How much total overhead was applied to products during the year
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