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Hulu Inc. uses activity-based costing. The company produces P1 and P2. Information relating to the two products is as follows: P1 P2 Units produced 38,000

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Hulu Inc. uses activity-based costing. The company produces P1 and P2. Information relating to the two products is as follows: P1 P2 Units produced 38,000 50,000 Machine-hours 15,000 17,000 Direct labor-hours 16,000 24,000 Materials handling (number of moves) 8,000 12,000 Setups 10,000 14,000 The following costs are reported: Materials handling $320,000 Labor-related overhead 560,000 Setups 480,000 Labor-related overhead costs assigned to product P1 are: $384,000 $464,000 $576,000 $224,000 None of these numbers is correct

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