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Figure 3-4
Quint Manufacturing Uses an Activity-Based Costing System The Following Costs Are Reported

question 48

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Figure 3-4
Quint Manufacturing uses an activity-based costing system. The company produces Model 1 and Model 2. Information relating to the two products is as follows:  Units produced  Model 1  Model 2 Machine hours 24,00030,000 Direct labour hours 7,5008,500 Material handling (number of moves)  8,00012,000 Setups 4,0006,0005,0007,000\begin{array} { l r r } \text { Units produced } & \text { Model 1 } & \text { Model } 2 \\\text { Machine hours } & 24,000 & 30,000 \\\text { Direct labour hours } & 7,500 & 8,500 \\\text { Material handling (number of moves) } & 8,000 & 12,000 \\\text { Setups } & 4,000 & 6,000 \\& 5,000 & 7,000\end{array} The following costs are reported:  Material handling £40,000 Labour-related overhead 120,000 Setups 60,000\begin{array}{lr}\text { Material handling } & £ 40,000 \\\text { Labour-related overhead } & 120,000 \\\text { Setups } & 60,000\end{array}
-Refer to Figure 3-4. Setup costs assigned to Model 2 are


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