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 data have been supplied for the following two products:

Required:

How much total overhead cost would be assigned to K$425$ and M$67$ using the activity$-$based costing system?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

$ $6$

per direct labor$-$hour

Machine processing

$ $4$

per machine$-$hour

Machine setups

$ $50$

per setup

Production orders

$ $90$

per order

Shipments

$ $14$

per shipment

Product sustaining

$ $840$

per product

Activity data have been supplied for the following two products:

Total Expected Activity

K$425$

M$67$

Number of units produced per year

$200$

$2,000$

Direct labor$-$hours

$80$

$500$

Machine$-$hours

$100$

$1,500$

Machine setups

$1$

$4$

Production orders

$1$

$4$

Shipments

$1$

$10$

Product sustaining

$1$

$1$

Required:

How much total overhead cost would be assigned to K$425$ and M$67$ using the activity$-$based costing system?