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COVID 19 Co. produces two different products (Product Y and Product B) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $125 per machine hour, and the activity rate for inspection is $500 per batch. The activity drivers are used as follows Product Y Product B Total 1,000 3,000 Machine hours Number of batches 4.000 45 15 60 What is the amount of Inspection cost assigned to Product Y? Select one a $22.500 b. $125,000 C$7.500 d. $30,000 COVID 19 Co. produces two different products (Product Y and Product B) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The cost of Machining is $500,000, while the cost of Inspection is $30,000 Product Y uses 20% of total machine hours and 75% of total batches. What is the total Machining cost assigned to Product B? Select one: a $375,000 Ob $7.500 C$22.500 d. $400,000 COVID 19 Co uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs and its activity based costing system: Costs: $273.000 Wages and salaries Depreciation Utilities 207.000 199.000 Total $ 679,000 Distribution of resource consumption Costs: Wages and salaries $273.000 Depreciation Utilities 207.000 199,000 Total $ 679.000 Distribution of resource consumption Total Assembly Activity Cost Pools Setting Up Other Wages and salaries Depreciation 60% 20% 20% 100% 35% Utilities 20% 45% 100% 20% How much cost, in total, would be allocated in the first stage allocation to the Setting Up activity cost pool? 60% 2096 100% Select one a $276,050 b. $187.550 C$215.400 d. $248.750