A company uses activity-based costing to determine the costs of its three products: A, B and C. The activity rates and activity levels for each of the company's three activity cost pools are shown in the following table: ??Budgeted ActivityActivity Cost PoolActivity RateProduct AProduct BProduct CActivity 1$483,5001,000500Activity 2$513002,100600Activity 3$734002001,400Compute the company's budgeted overhead cost for each of the three products under activity-based costing.
What will be an ideal response?
| Activity Cost Pool | Activity Rate | Product A | OH Assigned | Product B | OH Assigned | Product C | OH Assigned |
| Activity 1 | $48 | 3,500 | $168,000 | 1,000 | $48,000 | 500 | $24,000 |
| Activity 2 | $51 | 300 | $15,300 | 2,100 | $107,100 | 600 | $30,600 |
| Activity 3 | $73 | 400 | $29,200 | 200 | $14,600 | 1,400 | $102,200 |
| Total OH cost | ? | ? | $212,500 | ? | $169,700 | ? | $156,800 |
Business
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