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MARKCO Corporation uses activity-based costing to determine product costs for external financial reports. The company has provided the following data concerning its activity-based costing system:
MARKCO Corporation uses activity-based costing to determine product costs for external financial reports. The company has provided the following data concerning its activity-based costing system: Activity Cost Pools (and Activity Measures) Estimated Overhead Cost Depreciation (allocated based on machine hours) $67,500 $273,700 Batch setup (allocated based on # of setups) General factory (allocated based on direct Jabour-hours) $204,000 Expected Activity Activity Cost Pools Total Product X Product Y 5,000 Depreciation 4,000 1,000 M hours Batch setup 7,000 set ups 3,000 4,000 6,000 8,000 General factory 2,000 DL hours The total amount of general factory costs allocated to Product X and Y respectively is: Select one $51,000 and $153,000 5102 and $34 $153,000 and $51,000 none of these
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