Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains...
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Accounting
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Activity Rates Supporting direct labor Machine processing $ 8 per direct labor-hour $ 2 per machine-hour Machine setups $ 50 per setup Production orders $ 160 per order Shipments $ 125 per shipment Product sustaining $ 825 per product Activity data have been supplied for the following two products: Total Expected Activity K425 M67 Number of units produced per year 200 2,000 Direct labor-hours 1,150 50 Machine-hours 2,800 Machine setups 19 2 Production orders 19 2 Shipments 3B 2 Product sustaining 2 2 Required: How much total overhead cost would be assigned to K425 and M67 using the activity-based costing system? 40 K425 M67 Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Total Overhead cost $ 0 $ 0

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