A3 TB Problem Qu. 7-188 (Algo) Hagy Corporation has an activity-based costing ...Hagy Corporation has an activity-based costing system with three activity cost pools-Processing. Setting Up, and Other. Thecompany's overhead costs, which consist of factory utilities and indirect labor, are allocated to the cost pools in proportion to theactivity cost pools' consumption of resources. Data concerning the company's costs and activity-based costing system appear below:Factory utilities (total)Indirect labor (total)Distribution of Resource Consumption Across Activity Cost PoolsFactory utilitiesIndirect laborFactory utilitiesIndirect laborTotalProcessing0.100.10Activity Cost PoolsProcessing Setting UpSRequired:Assign overhead costs to activity cost pools using activity-based costing.0S$ 107,000$9,50005Setting Up0.500.20OtherOther0.400.705SOSTotal000

In Activity based costing the overhead-costs-are to be allocated on basis of cost poolsActivity…

TB Problem Qu. 7-188 (Algo) Hagy Corporation has an activity-based costing... Hagy Corporation has an activity-based costing system with three activity cost pools-Processing. Setting Up, and Other T company's overhead costs, which consist of factory utilities and indirect labor, are allocated to the cost pools in proportion activity cost pools' consumption of resources. Data concerning the company's costs and activity-based costing system app Factory utilities (total) Indirect labor (total) Distribution of Resource Consumption Across Activity Cost Pools Setting Up 0.50 0.20 Factory utilities Indirect labor Factory utilities Processing 0.10 0.10 Required: Assign overhead costs to activity cost pools using activity-based costing. Activity Cost Pools Setting Up Processing. $ 107,000 $9,500 Other 0.40 0.70 Other Total 0