Solution-How much of three activity costs was allocated to

How much of three activity costs was allocated to product

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Question - X Company uses an activity-based costing allocation system. On January 1, 2020, its accountant budgeted the following costs and cost drivers for three of the activities that are used in the ABC system:

Activity	Budgeted cost	Cost driver
Assembly	$159,000	95,600 parts
Packaging	$95,400	14,000 finished units
Purchasing	$63,600	4,900 purchase orders

In May of 2020, 586 units of Product C were finished, requiring $12,600 of direct materials, 5,000 direct labor hours, 1,270 parts, and 48 purchase orders.

Required - How much of the three activity costs was allocated to Product C [round overhead rate(s) to two decimal places]?

Reference no: EM132687696

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How much of three activity costs was allocated to product

Reference no: EM132687696

Reference no: EM132687696

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