Assume that Sheridan has identified three activity cost pools.

Pool

Cost

Cost Driver

Assembly

$$687,500$  Direct labor hours

Setup

$37,500$  Number of setups $(1$ per batch$)$

Packaging

$306,250$  Weight

$($i$)$ Given these activity pools and cost drivers, how much overhead should be allocated to each product? $($Round per unit rates to $2$ decimal places, e$.$g$.3\mathrm{.}54$ and final answers to $0$ decimal places, e$.$g$.45,286.)$

AM$-2$

FM$-9$

Total allocated overhead

$enter a dollar amount rounded to $0$ decimal places

$\mathrm{}$

$$

Answer rating: 100% (QA)

To calculate the overhead allocated to each product we need to first calculate the predetermined ove... View the full answer