Q.5 S Corporation uses the following activity rates from its activity-based costing system to assign overhead costs to products. (2 Marks) Data concerning two products appear below: How much overhead cost would be assigned to each of the two products using the company's activity-based costing system?

0.55 Corporation uses the following activity rates from its activity-based costing system to assign overhead costs to products. (2 Marks) Activities Setting up batches .......... Processing customer orders...... Assembling products..... Activity Rate $62.52 per batch $19.58 per customer order $8.71 per assembly hour Data concerning two products appear below: Product COOR Product A61E Number of batches. 66 53 Number of customer orders...... 46 31 Number of assembly hours. 162 419 How much overhead cost would be assigned to each of the two products using the company's activity-based costing system