Reference no: EM13589091

Riverdale Printing Company prints limited edition art books with production runs of 15,000 to 100,000. It has recently adopted an activity-based costing system to assign manufacturing overhead to products. The following data relate to one product, Art of Design, and the ABC cost pools:

Art of Design:
	Annual production		41,300	units
	Direct material per unit		$37
	Direct labor per unit		$6

Manufacturing overhead cost pools:

Cost Pool		Cost		Cost Driver
Materials ordering		$   960,000		Number of purchase orders
Materials inspection		470,000		Number of receiving reports
Equipment setup		2,328,000		Number of setups
Quality control		947,200		Number of inspections
Other		38,040,000		Dollar of direct labor cost
Total manufacturing overhead		$42,745,200

Annual activity information related to cost drivers:

Cost Pool		All Books			Art of Design
Materials ordering		120,000	orders		1,080
Materials inspection		2,000	receiving reports		326
Equipment setup		120	setups		2
Quality control		5,120	inspections		550
Other		$12,680,000	direct labor		$247,800

Calculate the overhead rate per unit of activity for each of the five cost pools.

Cost Pool		Cost pool rate
Materials ordering		$
Materials inspection		$
Equipment setup		$
Quality control		$
Other		$

Calculate the total overhead assigned to the production of the Art of Design.

Total overhead assigned

$ Calculate the total overhead assigned to the production of the Art of Design. Total overhead assigned $