Please help with required. Thank you Number of units produced per yearDirect labor-hoursMachine-hoursMachine setupsProduction ordersShipmentsProduct sustainingActivity Cost PoolSupporting direct laborMachine processingMachine setupsProduction ordersShipmentsProduct sustainingTotal overhead costK425Total Expected ActivityK425M672,000Required:How much total overhead cost would be assigned to K425 and M67 using the activity-based costing system?M672001,1753,000131326140301111 Exercise 7-4 (Algo) Second-Stage Allocation [LO7-4]Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains thefollowing six activity cost pools and activity rates:Activity Cost PoolSupporting direct laborMachine processingMachine setupsActivity Rates$ 9 per direct labor-hour$4 per machine-hour$45 per setup$ 160 per order$ 125 per shipment$ 775 per productActivity data have been supplied for the following two products:Production ordersShipmentsProduct sustainingNumber of units produced per yearDirect labor-hoursMachine-hoursMachine setupsProduction ordersShipmentsProduct sustainingActivity Cost PoolK425Total Expected ActivityK425M672,000M672001,1753,0001313261Required:How much total overhead cost would be assigned to K425 and M67 using the activity-based costing system?40301111

Activity based costing is a method of deriving the cost of overhead and other indirect costs. These…

Number of units produced per year Direct labor-hours Machine-hours Machine setups Production orders Shipments Product sustaining Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Total overhead cost K425 K425 M67 200 1,175 3,000 13 13 26 1 Required: How much total overhead cost would be assigned to K425 and M67 using the activity-based costing system? M67 2,000 40 30 1 1 1 1