Senff Corporation uses the following activity rates from its activity- based costing to assign overhead costs to products: Activity Cost Pools Setting up batches Activity Rate $80.00 per batch Processing customer orders $71.73 per customer order Assembling products $7.31 per assembly hour Data concerning two products appear below: Product V91Z Product V211 Number of batches 70 13 Number of customer orders 21 10 Number of assembly hours 493 698 How much overhead cost would be assigned to Product V91Z using the activity-based costing system?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter6: Activity-based, Variable, And Absorption Costing
Section: Chapter Questions
Problem 5PB: Wrappers Tape makes two products: Simple and Removable. It estimates it will produce 369,991 units...
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Senff Corporation uses the following activity rates from its activity-
based costing to assign overhead costs to products:
Activity Cost Pools
Setting up batches
Activity Rate
$80.00 per batch
Processing customer orders $71.73 per customer order
Assembling products
$7.31 per assembly hour
Data concerning two products appear below:
Product V91Z Product V211
Number of batches
70
13
Number of customer orders 21
10
Number of assembly hours 493
698
How much overhead cost would be assigned to Product V91Z using
the activity-based costing system?
Transcribed Image Text:Senff Corporation uses the following activity rates from its activity- based costing to assign overhead costs to products: Activity Cost Pools Setting up batches Activity Rate $80.00 per batch Processing customer orders $71.73 per customer order Assembling products $7.31 per assembly hour Data concerning two products appear below: Product V91Z Product V211 Number of batches 70 13 Number of customer orders 21 10 Number of assembly hours 493 698 How much overhead cost would be assigned to Product V91Z using the activity-based costing system?
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