3 10 points eBook Print Reference TB Problem Qu. 7-189 (Algo) Groleau Corporation has an activity-based costing ... Grol

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3 10 Points Ebook Print Reference Tb Problem Qu 7 189 Algo Groleau Corporation Has An Activity Based Costing Grol 1 (68.73 KiB) Viewed 20 times

3 10 points eBook Print Reference TB Problem Qu. 7-189 (Algo) Groleau Corporation has an activity-based costing ... Groleau Corporation has an activity-based costing system with three activity cost pools-Processing, Setting Up, and Other. The company's overhead costs, which consist of factory utilities and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Costs in the Processing cost pool are assigned to products based on machine-hours (MHS) and costs in the Setting Up cost pool are assigned to products based on the number of batches. Costs in the Other cost pool are not assigned to products. Data concerning the two products and the company's costs and activity-based costing system appear below: Factory utilities (total) $ 34,100 Indirect labor (total) $ 10,900 Distribution of Resource Consumption Across Activity Cost Pools Factory utilities Indirect labor Product S8 Product F1 Total Sales (total) Direct materials (total) Direct labor (total) Factory utilities Indirect labor Total MHS 3,300 7,100 10,400 Processing 0.40 0.30 Processing $ Required: a. Assign overhead costs to activity cost pools using activity-based costing. b. Calculate activity rates for each activity cost pool using activity-based costing. c. Determine the amount of overhead cost that would be assigned to each product using activity-based costing. d. Determine the product margins for each product using activity-based costing. Complete this question by entering your answers in the tabs below. Activity Cost Pools Setting Up 0 $ Setting Up 0.20 0.40 0.30 0.40 Batches 1,300 800 2,100 Product S8 $ 66,200 $ 22,900 $ 29,600 Required Required Required Required A B С D Assign overhead costs to activity cost pools using activity-based costing. 0 $ < Required A Other Other Product F1 $ 97,800 $ 34,800 $ 43,700 0 $ Total $ 0 $ 0 0 Required B >