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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:
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 $ 8 per direct labor-hour Machine processing $ 3 per machine-hour Machine setups Production orders Shipments Product sustaining $ 50 per setup $ 160 per order $ 120 per shipment $ 850 per product Activity data have been supplied for the following two products: Total Expected Number of units produced per year Direct labor-hours Machine-hours Machine setups Production orders Shipments Product sustaining Activity K425 M67 200 1,100 3,200 2,000 40 30 13 13 26 2 002222 Required: How much total overhead cost would be assigned to K425 and M67 using the activity-based costing system? Required: How much total overhead cost would be assigned to K425 and M67 using the activity-based costing system? Activity Cost Pool M67 K425 Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Total overhead cost $ 0 $ 0
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