Villeda Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products. 
Data concerning two products appear below: 
Required:
How much overhead cost would be assigned to each of the two products using the company's activity-based costing system?
Definitions:
Owner's Equity
The residual interest in the assets of a business after deducting liabilities, representing the ownership value.
Liabilities
Financial obligations or debts a company owes to external parties or entities.
Accounting Equation
The fundamental equation of double-entry bookkeeping, stating that assets equal liabilities plus shareholders' equity.
FASB
Stands for the Financial Accounting Standards Board, which is responsible for establishing and improving financial accounting and reporting standards in the United States.
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