Kapoor Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products. 
Data concerning two products appear below: 
Required:
a.How much overhead cost would be assigned to Product J00A using the company's activity-based costing system? Show your work!
b.How much overhead cost would be assigned to Product S06U using the company's activity-based costing system? Show your work!
Definitions:
Short Run
A period in which at least one of a firm's inputs is fixed and cannot be changed.
Monopolistically Competitive
A market structure with many firms selling products that are substitutes but differentiated enough that each firm's product has its own demand.
Fixed Costs
Costs that do not vary with the level of output or business activity, such as rent, salaries, and loan payments.
Short Run
A period in economics during which at least one input is fixed, limiting the immediate capacity to adjust production levels.
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