Gould corporation uses the following activity rates from, Ask an Expert

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Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products:

Information is given as Activity Cost Pool; Amount; Activity Rate
Setting up batches; $59.06; per batch
Processing customer orders; $72.66; per customer order
Assembling products; $3.75; per assembly hour

Data concerning the two products is below:
Product K91B:
Number of batches = 84; number of customer orders = 32; number of assembly hours = 483

Product F650:
Number of batches = 50; number of customer orders = 43; number of assembly hours = 890

How much overhead cost would be assigned to Product K91B using the activity-based costing system?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M973195

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