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

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Quantum Corporation has provided the following data from its activity-based costing system:  Activity Cost Pool  Overhead Cost  Total Activity  Assembly $1,114,92057,000 machine hours  Processing orders $47,0161,800 orders  Inspection $107,3281,560 inspection hours \begin{array}{lcrl}\text { Activity Cost Pool }&&\text { Overhead Cost }&\text { Total Activity }\\\text { Assembly } & \$ & 1,114,920 & 57,000 \text { machine hours } \\\text { Processing orders } & \$ & 47,016 & 1,800 \text { orders } \\\text { Inspection } & \$ & 107,328 & 1,560 \text { inspection hours }\end{array}

The company makes 430 units of product R32E a year, requiring a total of 1,120 machine-hours, 40 orders, and 30 inspection-hours per year. The product's direct materials cost is $49.81 per unit and its direct labor cost is $12.34 per unit. The product sells for $129.90 per unit.
- According to the activity-based costing system, the total cost for producing the 340 units of the J71B product is:

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Definitions:

Pipeline

A system or process for developing and advancing employees through a series of roles or stages to prepare them for future leadership positions.

Workforce

The collective group of individuals engaged in or available for work, either in a specific region or industry.

Human Capital

Human capital is the collective skills, knowledge, and other intangible assets of individuals that can be used to create economic value for the individuals themselves, their employers, or their community.

Empirical Research

A way of gaining knowledge by means of direct and indirect observation or experience, often involving systematically collected data.

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