Acme Company makes three products: Product A, Product B, and Product C. Acme is implementing an...

 

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Acme Company makes three products: Product A, Product B, and Product C. Acme is implementing an activity-based costing system that will include four activity cost pools and related cost drivers: Assembly (direct labor hours), Machine Setups (number of setups), Material Handling (number of material moves), and Product Design (number of products). Here are data regarding Acme's costing system: Product A Product B Product C Number of units produced 1,000 units 7,000 units 2,000 units Direct labor hours per unit 5 hours 2 hours 3 hours Number of setups 20 setups 50 setups 30 setups Number of material moves 500 moves 300 moves 400 moves Number of products 1 product 1 product 1 product What percentage of the costs in the "Machine Setups" cost pool are allocated to Product C? Acme Company makes three products: Product A, Product B, and Product C. Acme is implementing an activity-based costing system that will include four activity cost pools and related cost drivers: Assembly (direct labor hours), Machine Setups (number of setups), Material Handling (number of material moves), and Product Design (number of products). Here are data regarding Acme's costing system: Product A Product B Product C Number of units produced 1,000 units 7,000 units 2,000 units Direct labor hours per unit 5 hours 2 hours 3 hours Number of setups 20 setups 50 setups 30 setups Number of material moves 500 moves 300 moves 400 moves Number of products 1 product 1 product 1 product What percentage of the costs in the "Machine Setups" cost pool are allocated to Product C?