Mirabile Corporation uses activity based costing to compute product margins Overhead costs have already been allocated to the company's three activity cost pools-- Processing, Supervising, and Other. The costs in those activity cost pools appear below Processing Supervising Other $ 5,945 $ 19,680 $ 11,300 Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the Ot activity cost pool are not assigned to products Activity data appear below Product MØ Product M5 Total MHS (Processing) 13,700 800 14,500 Batches (Supervising) 400 400 800 Finally, sales and direct cost data are combined with Processing and Supervising costs to determine product margins Product MO $ 81,800 $ 29,400 $ 28,700 Product M5 $ 94,400 $ 32,300 $ 42,600 Sales (total) Direct materials (total) Direct labor (total) What is the product margin for Product M5 under activity-based costing?

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Overheads

In cost accounting, overhead refers to those expenses which occur during the operating of a business. Overhead includes the fixed, variable, or semi-variable which is not directly involved with a company product or service. It is very important to analyze overhead expense as it helps the company in determining how much a company must charge for its products and services so that they can generate profit.  Overhead expenses depend upon the nature of the business operations.