FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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North Street Corporation manufactures two models of motorized go-carts, a standard and a deluxe model. The following activity and cost information has been compiled
Number of
Number of
Setups
Number of
Components
Direct Labor Hours
17
760
32
470
$19,600
Product
Standard
Deluxe
Overhead costs
5
OA. $11,350
OB. $17,535
OC. $23,720
OD. $17,470
12
$15,470
Number of setups and number of components are identified as activity-cost drivers for overhead Assuming an activity-based costing system is used, what is the total amount off
overhead cost assigned to the standard model? (Do not round interim calculations Round the final answer to the nearest whole dollar)
COD
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Transcribed Image Text:North Street Corporation manufactures two models of motorized go-carts, a standard and a deluxe model. The following activity and cost information has been compiled Number of Number of Setups Number of Components Direct Labor Hours 17 760 32 470 $19,600 Product Standard Deluxe Overhead costs 5 OA. $11,350 OB. $17,535 OC. $23,720 OD. $17,470 12 $15,470 Number of setups and number of components are identified as activity-cost drivers for overhead Assuming an activity-based costing system is used, what is the total amount off overhead cost assigned to the standard model? (Do not round interim calculations Round the final answer to the nearest whole dollar) COD
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