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Question - Mcnamee Corporation's activity-based costing system has three activity cost pools--Fabricating, Setting Up, and Other. Costs in the Fabricating 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. The activity rate for Fabricating is $0.34 per MH; the activity rate for Setting Up is $3.50 per batch. The following table shows the machine-hours and number of batches associated with each of the company's two products:
MHs
Batches
Product 00
1,800
400
Product 01
16,200
1,600
Total
18,000
2,000
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