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Following activity rates from an activity-based costing system to assign overhead costs to products. How much overhead cost would be assigned to each of the two products using the company's activity-based costing system (Can you explain it to me when working the problem so that I actually understand it please. Thanks!
Activity Cost Pools
Activity Rate
Setting up batches
$34.47
per batch
Processing customer orders
$66.77
per customer order
Assembling products
$2.66
per assembly hour
Two products data:
Product G32H
Product U15Z
Number of batches
79
48
Number of customer orders
36
31
Number of assembly hours
487
417
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