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Ollivier Corporation has an activity-based costing system with three activity cost...

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Accounting

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Ollivier Corporation has an activity-based costing system with three activity cost pools-Processing. Supervising, and Other. In the first stage allocations, costs in the two overhead accounts, equipment expense and Indirect labor, are allocated to the three activity cost pools based on resource consumption Data used in the first stage allocations follow. Overhead costs Equipment expense Indirect labor $49.000 $11,600 Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools Processing Supervising Other Equipment expense 0.50 0.40 010 Indirect labor 050 0.40 010 Processing costs are assigned to products using machine hours (Mrs) and Supervising costs are assigned to products using the number of batches. The costs in the other activity cost pool are not assigned to products Activity data for the company's two products follow Activity: Product C4 Product L7 Total MHS (Processing 9,600 1,500 11100 Batches (Supervisinal 580 520 TOO What is the overhead cost assigned to Product L7 under activity-based costing? (Round your intermediate calculations to 2 decimal places and your final answer to nearest whole dollar $25,534 $15.556 $4,095 $11.461

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