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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 Supporting direct labor Machine processing Machine stupe Production orders Shipments Product sustaining Activity Rates $ 6 per direct labor-hour $ 4 per machine-hour $ 50 per setup $ 90 per order $ 14 per shipment $ 840 per product Activity data have been supplied for the following two products: Total Expected Activity M67 200 2.000 500 100 1,500 Number of units produced per year Direct labor-hours Machine-hours Machine setups Production orders Shipments Product sustaining Required: How much total overhead cost would be assigned to K425 and M67 using the activity-based costing system
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