- K Corporation S Activity Based Costing System Has Three Activity Cost Pools Fabricating Setting Up And Other The Acti 1 (36.66 KiB) Viewed 29 times
K Corporation's activity-based costing system has three activity cost pools-Fabricating, Setting Up, and Other. The activity rate for Fabricating is $0.88 per machine hours; the activity rate for Setting Up is $5.83 per batch. The following table shows the machine-hours and number of batches associated with each of the company's two products: Machine hours 2318 7758 Batches 720 Gizmos Widgets 1314 Determine the amount of overhead cost that would be assigned to product widget using activity-based costing. Enter as a positive number.
If using ABC, company T calculates total overhead to be applied to Product X to be $2262 while Sales of X was $20696, Direct Materials for X was $4561 and Direct Labor $4354, while total costs of $1984 could not be traced to a specific activity, what is the total product cost of Product X? Enter as a positive number.
If using ABC, company T calculates total overhead to be applied to Product X to be $2500 while Sales of X was $21027, Direct Materials for X was $5527 and Direct Labor $4075, while total costs of $1020 could not be traced to a specific activity, what is the total product margin of Product X?