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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 Activity Rates $7 per direct labor-hour $ 3 per machine-hour $35 per setup $ 170 per order 115 per shipment s 775 per product Production orders Shipments Product sustaining Activity data have been supplied for the following two products Total Expected Activit K425 M67 Number of units produced per year Direct labor-hours 200 1,200 3,000 15 2,000 40 Machine-hours 30 Machine setups Production orders 15 Shipments Product sustaining 30 Required How much total overhead cost would be assigned to K425 and M67 using the activity-based costing system
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