Homework Answers
Ans : Overhead cost assigned to each product using Activity based costing :
Product o0 :-
Costs in the fabricating cost pool : $ 0.31 X 1,950M/h
= $ 604.50
Costs in the setting up cost pool : $ 3.47 X 370 batches
= $ 1,283.90
Total overhead cost for product o0 = $ 604.50 + $ 1,283.90
= $ 1,888.40
Product o1 :-
Costs in the fabricating cost pool : $ .31 X 16,350 M/h
= $ 5,068.50
Costs in setting up cost pool : $ 3.47 X 1,630 batches
= $ 5,656.10
Total overhead cost for product o1 = $ 5,068.50 +5,656.10
= $ 10,724.60
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