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Port Corporation uses the following activity rates from its activity-based costing to allocate overhead costs to products: Activity Activity Rate Number of setups $ 80.50

Port Corporation uses the following activity rates from its activity-based costing to allocate overhead costs to products: Activity Activity Rate Number of setups $ 80.50 per setup Processing customer orders $ 72.31 per customer order Assembly $ 8.06 per direct labor hour Actual activity usage for two products appears below: Product KJ22 Product KL37 Number of setups 79 12 Number of customer orders 20 9 Number of direct labor hours 502 707 How much overhead cost would be allocated to Product KL37 using activity-based costing? Multiple Choice $1,616.79 $6,664.42 $6,349.21 $11,851.82 $7,315.21

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