Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to...

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Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to...

Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products:

Activity Cost Pool	Activity Rate
Setting up batches	$	59.46	per batch
Processing customer orders	$	72.90	per customer order
Assembling products	$	4.15	per assembly hour

Data concerning two products appear below:

	Product K91B	Product F65O
Number of batches	87	58
Number of customer orders	37	51
Number of assembly hours	491	898

How much overhead cost would be assigned to Product K91B using the activity-based costing system? (Round your intermediate calculations and final answers to 2 decimal places.)

Multiple Choice

$9,907.97
$89,171.73
$5,173.02
$136.51

business accounting

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Answer 1

Answer #1

Ans. : Overhead cost that would be assigned to Product K91B using the Activity based costing system = Setting up batches rate per batch* number of batches + processing cost per customer order * number of customer orders + Assembly rate per hour* number of assembly hours

= 59.46* 87 + 72.90*37 + 4.15* 491

= 5173.02 + 2697.3 + 2037.65

= 9,907.97 dollars

Therefore, correct answer is option a. that is dollars 9,907.97.

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Answer 2

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