Ekmark Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: 
Data for one of the company's products follow: 
How much overhead cost would be assigned to Product P59G using the activity-based costing system?
Definitions:
Adam Smith
An 18th-century Scottish economist and philosopher, best known for his works on the principles of free market economics.
Pure Capitalism
An economic system characterized by private ownership of the means of production and the creation of goods or services for profit without governmental interference.
Economic System
The set of mechanisms and institutions that resolve the what, how, and for whom questions
Economic Question
A query related to the allocation of scarce resources, choice, and trade-offs, fundamental in understanding and analyzing economic conditions and policy.
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