Question: Meester Corporation has an activity based costing system with three activity cost pools-Machining Order Filling, and other. In the first stage allocations, costs in the
Meester Corporation has an activity based costing system with three activity cost pools-Machining Order Filling, and other. In the first stage allocations, costs in the two overhead accounts, equipment depreciation and supervisory expense, are allocated to three activity cost pools based on resource consumption. Data used in the first stage allocations follow 8.30 Overhead costs: Equipment expense $ 84, eee Supervisory expense $ 5,500 Distribution of Resource Consumption Across Activity Cost Poots: Activity cost Pools Machining Order Filling Other Equipment expense 0.50 8.20 Supervisory expense 8.50 0.10 2.40 Maching costs are assigned to products using machine-hours (Mrs) and Order Filing costs are assigned to products using the number of orders. The cost with Other activity cost pool are not assigned to products Activity data for the company's two products follow Activity Mio (Machining) Orders (Order 1,430 Product H2 9,170 Total 10,600 Product MO 1.240 2.230 3.470 What is the overhead contained to Product 12 unde activity based costing (Round your intermediate calculations to 2 decimal places
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