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Exercise 7-4 Second-Stage Allocation [LO7-4] Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity based costing system contains the following six activity

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Exercise 7-4 Second-Stage Allocation [LO7-4] Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Activity Rates $8.00 per direct labor-hour $3.00 per machine-hour $45.00 per setup $150.00 per order $120.00 per shipment $850.00 per product Activity data have been supplied for the following two products: Total Expected Activity K425 M67 200 2,000 1,025 3,400 19 Number of units produced per year Direct labor-hours Machine-hours Machine setups Production orders Shipments Product sustaining 50 38 mmmm Required: Determine the total overhead cost that would be assigned to each of the products listed above in the activity-based costing system. K425 M67 Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Total overhead cost | $ 0 $

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