Overhead costs: Equipment expense Indirect labor $ 48,000 $ 7,300 Distribution of Resource Consumption Across Activity Cost Pools: Equipment expense Indirect labor Activity Cost Pools Processing Supervising Other 0.30 0.30 0.60 0.40 0.10 0.30 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 Other activity cost pool are not assigned to products. Activity data for the company's two products follow: Activity: MHs Batches (Processing) (Supervising) Product F6 18,100 890 Product XO 1,150 980 Total 19,250 1,870 What is the overhead cost assigned to Product XO under activity-based costing?

Overhead costs: Equipment expense Indirect labor $ 48,000 $ 7,300 Distribution of Resource Consumption Across Activity Cost Pools: Equipment expense Indirect labor Activity Cost Pools Processing Supervising Other 0.30 0.30 0.60 0.40 0.10 0.30 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 Other activity cost pool are not assigned to products. Activity data for the company's two products follow: Activity: MHs Batches (Processing) (Supervising) Product F6 18,100 890 Product XO 1,150 980 Total 19,250 1,870 What is the overhead cost assigned to Product XO under activity-based costing?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 4MC: Overhead costs are assigned to each product based on __________________. A. the proportion of that...

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