Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the...
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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 Cost Pool Supporting direct labor. Machine processing Machine setups. Production orders Shipments Product sustaining Activity Rates $11 per direct labor-hour $3 per machine-hour $ 40 per setup $ 150 per order $ 120 per shipment $ 850 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 Required: Total Expected Activity K425 M67 200 2,000 1,200 40 3,400 30 7 3 7 3 14 3 3 How much total overhead cost would be assigned to K425 and M67 using the activity-based costing system? Activity Cost Pool Supporting direct labor Machine processing Machine setups K425 M67 Production orders Shipments Product sustaining Total overhead cost $ 0 $ 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 Supporting direct labor. Machine processing Machine setups. Production orders Shipments Product sustaining Activity Rates $11 per direct labor-hour $3 per machine-hour $ 40 per setup $ 150 per order $ 120 per shipment $ 850 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 Required: Total Expected Activity K425 M67 200 2,000 1,200 40 3,400 30 7 3 7 3 14 3 3 How much total overhead cost would be assigned to K425 and M67 using the activity-based costing system? Activity Cost Pool Supporting direct labor Machine processing Machine setups K425 M67 Production orders Shipments Product sustaining Total overhead cost $ 0 $
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