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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 setups Production orders Shipments Product sustaining Activity Rates $ 8.00 per direct labor-hour $ 3.00 per machine-hour $ 50.00 per setup $ 150.00 per order $ 125.00 per shipment 900.00 per product Activity data have been supplied for the following two products: Total Expected Activity K425 M67 200 2,000 900 2,600 Number of units produced per year Direct labor-hours Machine-hours Machine setups Production orders Shipments Product sustaining 13 98mm Required: Determine the total overhead cost that would be assigned to each of the products listed above in the activity-based costing system. K425 M 67 Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Total overhead cost
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