Collingsworth, Inc. produces 3 products: AKM, BWT, and CPQ. Product AKM requires 550 purchase orders,...

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Accounting

Collingsworth, Inc. produces 3 products: AKM, BWT, and CPQ. Product AKM requires 550 purchase orders, Product BWT requires 840 purchase orders, and Product CPQ requires 1,360 purchase orders. The company has identified an ordering and receiving activity cost pool with allocated overhead of $363,000 for which the cost driver is purchase orders. How much ordering and receiving overhead is assigned to Product AKM?

$363,000

$90,750

$72,600

$110,880

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