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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 Machine processing Machine setups Production orders Shipments Product sustaining $ 8.00 per direct labor-hour $ 4.00 per machine-hour $ 40.00 per setup $ 160.00 per order $ 115.00 per shipment 875.00 per product Activity data have been supplied for the following two products: Total Expected Activity K425 M67 Number of units produced per year 200 2,000 Direct labor-hours 1,075 40 Machine-hours 2,200 30 Machine setups 13 2 Production orders 13 2 Shipments 26 2 Product sustaining 2 2 Required: Determine the total overhead cost that would be assigned to each of the products listed above in 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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