Correct answer-----------$85,349
Working
Calculation of Activity rates | |||||
Activity Cost Pool | Activity driver | Overhead Cost (A) | Expected Activity (B) | Activity rate (A/B) | |
Cost pool 1 | Number of Activity | $ 109,000 | 150900* | $ 0.72 | Per Activity |
Cost pool 2 | Number of Activity | $ 54,000 | 110100 | $ 0.49 | Per Activity |
Cost pool 3 | Number of Activity | $ 28,000 | 119100 | $ 0.24 | Per Activity |
*Sum total of Product A and product B activities.
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Cost assigned to Product B | |||
Activity name | Activity Rates | Activity | ABC Cost |
(A) | (B) | (A x B) | |
Cost pool 1 | $ 0.72 | 68,500.00 | $ 49,320 |
Cost pool 2 | $ 0.49 | 48,500.00 | $ 23,765 |
Cost pool 3 | $ 0.24 | 51,100.00 | $ 12,264 |
Total Overheads assigned | $ 85,349 |
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