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products and the company's costs and activity-based costing system appear below: Activity Cost Pools Processing Setting Up Other Product D7 Product HO Total Sales (total) Direct materials (total) Direct labor (total) Product D7 Product HO $ 58,000 $ 16,000 $ 29,600 MHS 9,100 13,100 22,200 Product Margin Batches 750 1,350 2,100 Required: a. Calculate activity rates for each activity cost pool using activity-based costing. b. Determine the amount of overhead cost that would be assigned to each product using activity-based costing. c. Determine the product margins for each product using activity-based costing. Complete this question by entering your answers in the tabs below. Required C Product D7 $ 220,800 $ 73,700 $ 106,510 Required A Required B Determine the product margins for each product using activity-based costing. (Round intermediate calculations to 2 decimal places.) Product HO $ 306,600 $ 146,300 $ 97,300

products and the company's costs and activity-based costing system appear below: Activity Cost Pools Processing Setting Up Other Product D7 Product HO Total Sales (total) Direct materials (total) Direct labor (total) Product D7 Product HO $ 58,000 $ 16,000 $ 29,600 MHS 9,100 13,100 22,200 Product Margin Batches 750 1,350 2,100 Required: a. Calculate activity rates for each activity cost pool using activity-based costing. b. Determine the amount of overhead cost that would be assigned to each product using activity-based costing. c. Determine the product margins for each product using activity-based costing. Complete this question by entering your answers in the tabs below. Required C Product D7 $ 220,800 $ 73,700 $ 106,510 Required A Required B Determine the product margins for each product using activity-based costing. (Round intermediate calculations to 2 decimal places.) Product HO $ 306,600 $ 146,300 $ 97,300

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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products and the company's costs and activity-based costing system appear below: Activity Cost Pools Processing Setting Up Other Product D7 Product HO Total Sales (total) Direct materials (total) Direct labor (total) Required A Required B Product D7 Product HO $ 58,000 $ 16,000 $ 29,600 MHS 9,100 13,100 22,200 Product Margin Required C Batches 750 1,350 2,100 Required: a. Calculate activity rates for each activity cost pool using activity-based costing. b. Determine the amount of overhead cost that would be assigned to each product using activity-based costing. c. Determine the product margins for each product using activity-based costing. Complete this question by entering your answers in the tabs below. Saved Product D7 $ 220,800 $ 73,700 $ 106,510 Product HO $ 306,600 $ 146,300 $ 97,300 Determine the product margins for each product using activity-based costing. (Round intermediate calculations to 2 decimal places.)
Transcribed Image Text:products and the company's costs and activity-based costing system appear below: Activity Cost Pools Processing Setting Up Other Product D7 Product HO Total Sales (total) Direct materials (total) Direct labor (total) Required A Required B Product D7 Product HO $ 58,000 $ 16,000 $ 29,600 MHS 9,100 13,100 22,200 Product Margin Required C Batches 750 1,350 2,100 Required: a. Calculate activity rates for each activity cost pool using activity-based costing. b. Determine the amount of overhead cost that would be assigned to each product using activity-based costing. c. Determine the product margins for each product using activity-based costing. Complete this question by entering your answers in the tabs below. Saved Product D7 $ 220,800 $ 73,700 $ 106,510 Product HO $ 306,600 $ 146,300 $ 97,300 Determine the product margins for each product using activity-based costing. (Round intermediate calculations to 2 decimal places.)
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