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this is the full question GoFast Company makes two types of kids ride-on vehicles - toy trucks and toy cars. Data regarding the two products
this is the full question GoFast Company makes two types of kids ride-on vehicles - toy trucks and toy cars. Data regarding the two products follow: Required: Dart 1. ralculate the activitv rates for each of the three activities ( 3 marks): Dart 2. ralnulate hnw much overhead was allocated to each of the product lines ( 4 marks) Part 3: Calculate the cost to make one unit of product, using your answer from part 3 for overhead. ( 4 marks Part 4: Using the traditional costing system (with one allocation base), the company had computed the onet of ane unit ac followe Using the traditional costing system, which product was undercosted? What is the impact of over and undercosted products? You must use question data to support this. Generic answers will not receive marks. (2 marks)
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