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Exercise 7-5 Murphey Dental Company manufactures dental instruments. The company's product line includes products as simple as dental picks and products as complex as panoramic
Exercise 7-5 Murphey Dental Company manufactures dental instruments. The company's product line includes products as simple as dental picks and products as complex as panoramic x-ray machines. Mace Edison, a senior product manager responsible for implementing an activity-based costing system at Murphey, identified the following three activity cost pools: assembling, packaging, and designing. Mace also investigated the components of overhead cost and determined that each cost is split among the three cost pools based on the following percentages Cost Category Salaries Supplies Utilities Total Cost Assembling Packaging Designing $3,910,000 1,360,000 766,000 29% 59% 82% 22% 25% 13% 49% 16% 5% Using the percentages above, calculate the costs included in each of the three activity cost pools. (Round answers to 0 decimal places, e.g. 5,275.) Cost Category Assembling Packaging Designing Salaries Supplies Utilities Total cost LINK TO TEXT
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