Question: i need answer with details and explenation :) Vassallo Comoration's activity-based costing system has three cost pools: Machining. Set Up, and Other. The company's overhead
Vassallo Comoration's activity-based costing system has three cost pools: Machining. Set Up, and Other. The company's overhead costs, which consist of equipment deperciation and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Cods in the Nactiring cont pool are arogeed to groducts takied on mactere hours Costs in the Machining cost pool are assigned to products based on machine-hours ( MHs) and costs in the Setting Up cest pool are assigned to products based on the number of tanches. Costs in the Ouber cost pool are not assigned to prodacts. Additional data concerning the company's products acpears below; Required: a) Calculate activity rates for each activity cost pool using ABC. b) Determine the amount of overhead cost that would be assigned to each product using ABC. c) Determine the product margins for each product using ABC
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