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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
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 Activity Rates Supporting direct labor S 6.00 per direct labor-hour Machine processing $ 4.00 per machine-hour Machine setups $ 45.00 per setup Production orders $ 150.00 per order Shipments $ 115.00 per shipment Product sustaining 825.00 per product Activity data have been supplied for the following two products: Number of units produced per year Direct labor-hours Machine-hours Machine setups Production orders Shipments Product sustaining Total Expected Activity K425 M67 200 2,000 1,025 50 3,400 40 17 3 17 3 34 3 3 3 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
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