Question: Refer to the data given in Problem 1. The company has implemented an activity-based costing system for its manufacturing overhead costs with the activity cost
Refer to the data given in Problem 1. The company has implemented an activity-based costing system for its manufacturing overhead costs with the activity cost pools and activity driver data below. Assessevt afiers 1 wholatuent Accounneo 132002 me8 Southern Cross plans to produce 1000 units of each model of fax machine Required: 1. For each activity, calculate the cost per unit of activity driver (e.g. the cost per setup) 2. Determine, under activity-based costing, the total overhead to be assigned to each product line. 3. Calculate, under activity-based costing, the overhead assigned per unit of each type of face machine. 4. Prepare a table comparing the total product cost assigned to each type of fax machine using a plantwide overhead rate, department overtead rates and activity-based costing. (This requirement relies on the solution to Problem 1)
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