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u Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools
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Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing, $51,700; Supervising, $34,500; and Other, $22,400. Processing costs are assigned to products using machine-hours (MHS) and Supervising costs are assigned to products using the number of batches. The costs in the other activity cost pool are not assigned to products. Activity data appear below: Product 06 Product D7 Total MHs (Processing) Batches (Supervising) 14,800 1350 1130 15.930 1700 350 The activity rate for the Processing activity cost pool under activity-based costing is closest to Step by Step Solution
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