***managerial accounting***

PROBLEM 1 (23 pts.) Upton Cycling produces two models of bicycles called Racer and Trailmaster. It uses activity-based costing to assign overhead to its two products from three activity pools. Data for the assigning of overhead is as follows: Activity DM acquisition Fabricating Finishing OH amount $8,000 $60,000 $40,000 Cost Driver Purchase orders Machine hours Labor time Total activity 50 orders 4,000 MH 1,000 DLH USE OF DRIVER BY PRODUCT Racer Trailmaster 10 orders 40 orders 1,800 MH 2,200 MH 450 DLH 550 DLH Required: Prepare a table showing the total amount of overhead allocated to each model of bicycle