XYZ Co.produces two different products (Product Y and Product Z) using two different activities : Machining , which uses machine hours as an activity driver , and Inspection , which uses number of batches as an activity driver . The cost of Machining is $ 500,000 , while the cost of Inspection is $30,000. Product Yuses 20% of total ?machine hours and 75 % of total batches . What is the total Machining cost assigned to Product Z a. $ 7,500 b. $ 375,000 c. None of the given answer is correct d. $ $400,000

Q: XYZ Co. produces two different products (Product Y and Product Z) using two different activities:…

A: Overhead means the cost indirectly incured for manufacturing the product.

Q: I need help on my practice quiz #9

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Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.