question 1 and 2

*Iniversity Name Problems: Points as indicated for a total of 170 points Questions: 5 points each for a total of 200 Grade Total points 370 Chapter 04 Activity-Based Costing 1. Ford Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products Activities Activity Rate Setting up batches $74.76 per batch Processing customer orders...... S35.40 per customer order Assembling products.......... $1.36 per assembly hour Last year, Product P91M involved 33 batches, 1 customer orders, and 368 assembly hours. Required: How much total overhead cost would be assigned to Product P9IM using the company's activity-based costing system? [10 Points) Answer: 2. Mercury Corporation has provided the following data from its activity-based costing accounting system: Activity Cost Pools Designing products....... Setting up batches......... Assembling products... Total Cost S1,526,916 $15.580 $39,900 Total Activity 8,436 product design hours 380 batch set-ups 3,990 assembly hours 181 [10 points) The activity rate for the designing products activity cost pool is