Question: Vanguard Corporation has provided the following data from its activity-based costing system: Activity Cost Pool Total Cost Total Activity Assembly $ 873,520 61,000 machine-hours Processing
Vanguard Corporation has provided the following data from its activity-based costing system:
| Activity Cost Pool | Total Cost | Total Activity | |
|---|---|---|---|
| Assembly | $ 873,520 | 61,000 | machine-hours |
| Processing orders | $ 75,760 | 1,600 | orders |
| Inspection | $ 113,238 | 1,620 | inspection-hours |
The company makes 410 units of product O37W a year, requiring a total of 660 machine-hours, 40 orders, and 20 inspection-hours per year. The product's direct materials cost is $35.88 per unit and its direct labor cost is $29.54 per unit.
According to the activity-based costing system, the average cost of product O37W is closest to:
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