ABC Inc. produces a single product. In doing so, the company incurs overhead costs as...
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ABC Inc. produces a single product. In doing so, the company incurs overhead costs as follows: Indirect Factory Wages: Factory Utilities: Factory Depreciation: $100,000 $ 40,000 $ 60,000 The company uses an activity-based costing system which compiles costs into 3 cost pools, machining, milling and assembly. The costs allocated to these activity cost pools break down as follows: Usage: Cost: Indirect Factory Wages: Factory Utilities: Factory Depreciation: Machining 50% 40% 10% Milling 30% 40% 90% Assembly 20% 20% 0% The budgeted total cost of the Milling activity is
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