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Exercise 4-5 (Algo) Assigning Overhead to Products in ABC [LO4-2, LO4-3] Sultan Company uses an activity-based costing system. At the beginning of the year, the

image text in transcribedimage text in transcribedimage text in transcribed Exercise 4-5 (Algo) Assigning Overhead to Products in ABC [LO4-2, LO4-3] Sultan Company uses an activity-based costing system. At the beginning of the year, the company made the following estimates of cost and activity for its five activity cost pools: Required: 1. Compute the activity rate for each of the activity cost pools. 2. The expected activity for the year was distributed among the company's four products as follows: Using the ABC data, determine the total amount of overhead cost assigned to each product. Compute the activity rate for each of the activity cost pools Using the ABC data, determine the total amount of overhead cost assigned to each product

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