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What is the total amount of overhead cost assigned

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Problem

Racer X Corporation manufactures two models of motorized go-carts, a standard and a deluxe model. The following activity and cost information has been compiled:

Standard:
Number of Setups 15
Number of Components 10
Number of Direct Labor Hours 750

Deluxe:
Number of Setups 35
Number of Components 15
Number of Direct Labor Hours: 500

Overhead Costs:
Setups: $15000
Components $25000

Number of setups and number of components are identified as activity-cost drivers for overhead. Assume a traditional costing system applies the $40,000 of overhead costs based on direct labor hours. What is the total amount of overhead cost assigned to the standard model?

Reference no: EM131969136

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