QUESTION 13 Activity-based costing systems conform to Generally Accepted Accounting Principles and can therefore be used for both internal and external reporting. O True O False QUESTION 14 Hane Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activity Cost Pools Activity Rate Assembling products.... Processing customer orders... Setting up batches... $8.90 $31.23 $43.72 per assembly hour per customer order per batch Data for one of the company's products follow: Product U94W Number of assembly hours... Number of customer order. Number of batches 389 53 61 How much overhead cost would be assigned to Product U94W using the activity-based costing system? 1.$42,176.55 2.$83.85 3.$7,784.21 0 4. $2,666.92