Immen Corporation manufactures two products: Product B820 and Product P99Y. The company uses a plantwide overhead...
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Immen Corporation manufactures two products: Product B820 and Product P99Y. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products 8820 and P99Y. Activity Cost Pool Machining Machine setups Product design Order size Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Product Product BB20 P99Y 7,000 8,000 200 300 1 1 Total Cost $ 330,000 $ 300,000 $ 46,000 $ 330,000 7,000 Total Activity 15,000 MHS 500 setups. 2 products 10,000 DLHS Activity Measure Machine-hours Number of setups Number of products. Direct labor-hours 3,000 Using the plantwide overhead rate, how much manufacturing overhead cost would be allocated to Product B820? Immen Corporation manufactures two products: Product B820 and Product P99Y. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products 8820 and P99Y. Activity Cost Pool Machining Machine setups Product design Order size Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Product Product BB20 P99Y 7,000 8,000 200 300 1 1 Total Cost $ 330,000 $ 300,000 $ 46,000 $ 330,000 7,000 Total Activity 15,000 MHS 500 setups. 2 products 10,000 DLHS Activity Measure Machine-hours Number of setups Number of products. Direct labor-hours 3,000 Using the plantwide overhead rate, how much manufacturing overhead cost would be allocated to Product B820?
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