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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:
\table[[Activity Cost Pool,Activity Rate],[Supporting direct labor,$9 per direct labor-hour],[Machine processing,$4 per machine-hour],[Machine setups,$50 per setup],[Production orders,$160 per order],[\table[[Shipments],[Product sustaining]],$ 125 per shipment],[,& rov pet prouuce]]
Activity data have been supplied for the following two products:
\table[[,Total Expected Activity],[Number of units produced per year,K425,M67],[Direct labor-hours,200,2,000],[Machine-hours,1,125,40],[Machine setups,3,400,30],[Production orders,21,2],[Shipments,21,2],[Product sustaining,42,2]]
Required:
How much total overhead cost would be assigned to K425 and M67 using the activity-based costing system?
\table[[Activity Cost Pool,K425,M67],[Supporting direct labor,,],[Machine processing,,],[Machine setups,,],[Production orders,,],[Shipments,,],[Product sustaining,,],[Total overhead cost,,]]
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