Question: Required information Skip to question Gable Company uses three activity pools. Each pool has a cost driver. Information for Gable Company follows: Activity Pools Total
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Gable Company uses three activity pools. Each pool has a cost driver. Information for Gable Company follows:
| Activity Pools | Total Cost of Pool | Cost Driver | Estimated Cost Driver |
|---|---|---|---|
| Machining | $ 222,420 | Number of machine hours | 67,400 |
| Designing costs | 55,900 | Number of design hours | 6,500 |
| Setup costs | 72,726 | Number of batches | 505 |
Suppose that Gable Company manufactures three products, A, B, and C. Information about these products follows:
| Product A | Product B | Product C | |
|---|---|---|---|
| Number of machine hours | 24,000 | 34,000 | 9,400 |
| Number of design hours | 2,600 | 1,500 | 2,400 |
| Number of batches | 60 | 180 | 265 |
Required:
Using activity rates, determine the amount of overhead assigned to each product.
Note: Do not round intermediate calculations. Round the final answer to nearest whole number.
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