Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates:
Activity Cost Pool Activity Rates
Supporting direct labor ........... $6.00 per direct labor-hour
Machine processing ................. $4.00 per machine-hour
Machine setups ........................ $50.00 per setup
Production orders .................... $90.00 per order
Shipments ............................... $14.00 per shipment
Product sustaining ................... $840.00 per product
Activity data have been supplied for the following two products:
|
|
Total Expected Activity
|
|
K425
|
M67
|
|
Number of units produced per yeer
|
200
|
2.000
|
|
Direct labor-hours .......................
|
80
|
500
|
|
Machine-hours ............................
|
100
|
1.500
|
|
Machine setups ...........................
|
1
|
4
|
|
Production orders .......................
|
1
|
4
|
|
Shipments ..................................
|
1
|
10
|
|
Product sustaining ......................
|
1
|
1
|
Required: Determine the total overhead cost that would be assigned to each of the products listed above in the activity-based costing system.