Titan Corp. has identified the following information:
Cost pools
Material handling $41,040
Machine maintenance 24,600
Cost drivers
Number of material moves 720
Number of machine hours 82,000
1. Calculate Titan’s activity rate for each cost pool. (Round your answers to 2 decimal places. Omit the “$” sign in your response.)
Activity rate
Materials Handling: $__________per material move
Machine Maintenance:$_________per machine hour
2. Determine the total amount of overhead assigned to Titan’s products if they have the following requirements: (Round your intermediate calculations to 2 decimal places and final answers to the nearest whole dollar amount. Omit the “$” sign in your response.)
Product A Product B
Number of material moves 470 250
Number of machine hours 42,000 40,000
Total overhead assigned
Product A: $___________
Product B: $___________
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