Exercise $17-17($Algo$)$ Using activity$-$based costing to allocate overhead, compute product cost and gross profit LO P$3$

Ice $\frac{C}{o}Ol$ produces two different models of air conditioners. The activities, costs, and cost drivers associated with the production processes follow.

$\backslash$table$[[$Process$,$Activity,Budgeted Cost,Activity Cost Driver,$\backslash$table$[[$Budgeted$],[$Activity$],[$Usage$]]],[$Assembly$,$Machining,$\backslash$table$[[$$$311,000$