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Prince Company manufactures two products-14.000 units of Product Mand 6,000 units of Product N. The company uses a plantwide overhead rate based on direct labor-hours.

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Prince Company manufactures two products-14.000 units of Product Mand 6,000 units of Product N. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products M and N: Activity Cost Pool Machining Setups Product Design General Factory Activity Cost Driver Machine hrs (Mhrs) Number of setups Number of products Direct Labor Hours (Dih) Estimated Total MOH $200,000 $100,000 $84.000 $300,000 Expected Activity 10.000 Mhrs 200 setups 2 products 12,000 Dihs Product N Activity Cost Driver Machine hrs (Mhrs) Number of setups Number of products Direct labor hours Product M 7,000 50 3,000 150 1 1 8,000 4.000 Required (You may submit your answer as an uploaded excel document or word document, or text entry into dropbox or a picture): tero 9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product M? 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product N

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