Question: need help now please After learning that their bid was rejected for being too high, IP decided to use ABC costing to calculate their unit
After learning that their bid was rejected for being too high, IP decided to use ABC costing to calculate their unit cost and then submit a new bid. They were able to break out their production support costs as follows: Required - Calculate the overhead rates for all four cost pools - Calculate the amount of overhead allocated to the institutional potatoes - Calculate the total cost for the institutional potatoes - Calculate the cost per unit for the institutional potatoes - Calculate the total cost per units for the institutional potatoes. - Calculate the total cost for 25,000 institutional potatoes. - Calculate the selling price for 25,000 institutional potatoes
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