g Handal Corporation uses activity-based costing to compute product margins. Overhead costs have already been allocated to the company's three activity cost pools--Machining, Order Filling, and Other. The costs in those activity cost pools appear below: Machining $ 11,325 Order Filling $ 26,274 Other $ 7,200 Machining costs are assigned to products using machine-hours (MHs) and Order Filling costs are assigned to products using the number of orders. The costs in the Other activity cost pool are not assigned to products. Activity data appear below: MHs (Machining) Orders (Order Filling) Product O4 3,600 270 Product S1 11,500 1,240 Finally, sales and direct cost data are combined with Machining and Order Filling costs to determine product margins. Product O4 Product S1 Sales (total) $ 98,100 $ 104,600 Direct materials (total) $ 45,800 $ 35,000 Direct labor (total) $ 37,600 $ 38,700 What is the overhead cost assigned to Product S1 under activity-based costing
The only asset Bill purchased during 2019 was a new seven-year class asset. The asset, which was listed property, was acquired on June 17 at a cost of $50,000. The asset was used 40% for business, 30% for the production of income, and the rest of the time for personal use. Bill always elects to expense the maximum amount under § 179 whenever it is applicable. The net income from the business before the § 179 deduction is $100,000. Determine Bill's maximum deduction with respect to the property for 2019. a.$26,749 b.$1,428 c.$2,499 d.$33,375
