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Hane Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activity Cost PoolActivity RateAssembling products$8.90per assembly hourProcessing customer orders$31.23per customer orderSetting up batches$43.72per batch Data for one of the company's products follow: Product U94WNumber of assembly hours389Number of customer orders53Number of batches61 How much overhead cost would be assigned to Product U94W using the activity-based costing system
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