Gable Company uses three activity cost pools. Each pool has a cost driver. Information for...
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Accounting
Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows:
Activity Cost 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: 1. Using activity proportions, determine the amount of overhead assigned to each product.(Round Activity Proportion to 2 decimal places (e.g., 32.16%). Round your other intermediate calculations and final answer to the nearest whole dollar amount.)
Total Overhead Assigned
Product A
Product B
Product C
Answer & Explanation
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