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Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activity Cost Pool Activity Rate Setting up batches
Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products:
Activity Cost Pool | Activity Rate | ||||||||||
Setting up batches | $ | 59.31 | per batch | ||||||||
Processing customer orders | $ | 72.81 | per customer order | ||||||||
Assembling products | $ | 4.00 | per assembly hour | ||||||||
Data concerning two products appear below:
Product K91B | Product F65O | |
Number of batches | 84 | 55 |
Number of customer orders | 34 | 48 |
Number of assembly hours | 488 | 895 |
How much overhead cost would be assigned to Product K91B using the activity-based costing system? (Round your intermediate calculations and final answers to 2 decimal places.)
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