Quantum Corporation has provided the following data from its activity-based costing system: The company makes 340 units of product J71B a year,requiring a total of 980 machine-hours,36 orders,and 22 inspection-hours per year.The product's direct materials cost is $27.50 per unit and its direct labor cost is $18.10 per unit.According to the activity-based costing system,the total overhead cost for producing the 340 units of the J71B product is:
A)$15,504.00
B)$30,972.72
C)$37,126.72
D)$21,622.72
E)$17,957.92

Question

Quantum Corporation has provided the following data from its activity-based costing system:  The company makes 340 units of product J71B a year,requiring a total of 980 machine-hours,36 orders,and 22 inspection-hours per year.The product's direct materials cost is $27.50 per unit and its direct labor cost is $18.10 per unit.According to the activity-based costing system,the total overhead cost for producing the 340 units of the J71B product is:
A)$15,504.00 
B)$30,972.72 
C)$37,126.72 
D)$21,622.72 
E)$17,957.92

Quizplus · Accepted Answer

The Answer of Quantum Corporation has provided the following data from its activity-based costing system:  The company makes 340 units of product J71B a year,requiring a total of 980 machine-hours,36 orders,and 22 inspection-hours per year.The product's direct materials cost is $27.50 per unit and its direct labor cost is $18.10 per unit.According to the activity-based costing system,the total overhead cost for producing the 340 units of the J71B product is:
A)$15,504.00 
B)$30,972.72 
C)$37,126.72 
D)$21,622.72 
E)$17,957.92

Quantum Corporation Has Provided the Following Data from Its Activity-Based