Question - Activity rates from ABC Corporation's activity-based costing system are listed below. The company uses the activity rates to assign overhead costs to products:
Activity Cost Pools Activity Rate Processing customer orders $95.88 per customer order Assembling products$2.76 per assembly hour Setting up batches$53.30 per batch
Last year, Product F76D involved 3 customer orders, 496 assembly hours, and 27 batches. How much overhead cost would be assigned to Product F76D using the activity-based costing system?
$68,004.54
$1,242.39
$1,439.10
$3,095.70