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please help with all parts thank you. Howell Corporation's activity-based costing system has three activity cost pools--Machining, Setting Up, and other. The company's overhead costs,
please help with all parts thank you.
Howell Corporation's activity-based costing system has three activity cost pools--Machining, Setting Up, and other. The company's overhead costs, which consist of equipment depreciation and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources Equipment depreciation (total) $ 28,800 Indirect labor (total) $ 7,310 Distribution of Resource Consumption Across Activity Cost Pools Equipment depreciation Indirect labor Machining 0.20 0.3e Setting up 2.50 Other e.se 0.40 2.30 Costs in the Machining cost pool are assigned to products based on machine-hours (MHS) and costs in the Setting Up Cost pool are assigned to products based on the number of batches. Costs in the other cost pool are not assigned to products Batches see Product 54 Product ce Total PHS 15,300 8,100 23,400 1,400 1,700 Additional data concerning the company's products appears below Product 54 Product ce Sales (total) $ 78,900 $ 72,900 Direct materials (total) $ 21,9ee $ 23,600 Direct labor (total) $ 42,600 $ 26,3ee Required: a. Assign overhead costs to activity cost pools using activity-based costing b. Calculate activity rates for each activity cost pool using activity-based costing c Determine the amount of overhead cost that would be assigned to each product using activity-based costing d. Determine the product margins for each product using activity-based costing Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Assign overhead costs to activity cost pools using activity-based costing Step by Step Solution
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