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Skiver, Incorporated, manufactures and sells two products Product K5 and Product J2 Data concerning the...

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Accounting

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Skiver, Incorporated, manufactures and sells two products Product K5 and Product J2 Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below. Direct Labor- Expected Hours Per Production Unit 800 9.0 1,000 12.0 Total Direct Labor- Hours 7,200 12,000 19,200 Product K5 Product 32 Total direct labor hours The company has an activity based costing system with the following activity cost pools, activity measures, and expected activity Activity Estimated Expected Activity Activity Cost Pools Measures Overhead Cost Product KS Product 32 Total Labor related DLHS $ 682,752 12,000 19,200 Machine setups setups 17,556 500 600 1,100 Order size MES 721,342 4,900 5,200 10,100 $1,421,650 7,200 The total overhead applied to Product KS under activity based costing is closest to (Round your intermediate calculations to 2 decimal places. O $613,970 $533,088 O $349,960 O $631,848

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