S corp uses the following activity rates from its, Ask an Expert

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S Corp uses the following activity rates from its activity-bases costing to assign overhead costs to products.

Activity cost pools Activity Rate
Setting up batches $96.01 per batch
Processing Customer Orders $21.72 per customer order
Assembling products $2.23 per assembly hour

Last year, Product J involved 48 batches, 22 customer orders and 395 assembly hours.

Required:

How much overhead cost would be assigned to Product J using the company's activity based costing system? Show your work.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9412935

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