Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activities Activity Rate $83.00 per batch Setting up batches Processing customer orders Assembling products $9.61 per assembly hour $74.29 per customer order Data concerning two products appear below: Product V09X Product A09X Number of batches 71 14 Number of customer orders 22 11 699 Number of assembly hours 494 How much overhead cost would be assigned to Product V09X using the activity-based costing system? a. $166.90 b. $135,021.92 c. $12,274.72 d. $5,893.00

Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activities Activity Rate $83.00 per batch Setting up batches Processing customer orders Assembling products $9.61 per assembly hour $74.29 per customer order Data concerning two products appear below: Product V09X Product A09X Number of batches 71 14 Number of customer orders 22 11 699 Number of assembly hours 494 How much overhead cost would be assigned to Product V09X using the activity-based costing system? a. $166.90 b. $135,021.92 c. $12,274.72 d. $5,893.00

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 5PA: Medical Tape makes two products: Generic and Label. It estimates it will produce 423,694 units of...

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