newkirk co has identified one of its cost pools to be quality 382410

Newkirk Co. has identified one of its cost pools to be quality control and has assigned $57,084 to that pool. Number of inspections has been chosen as the cost driver for this pool; Newkirk performs 26,800 inspections annually. Suppose Newkirk manufactures two products that consume 10,184 and 16,616 inspections each.

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Using activity rates, determine the amount of quality control cost to be assigned to each of Newkirks product lines. (Round your intermediate calculations and final answers to 2 decimal places. Omit the “$” sign in your response.)

Quality Control Costs
Product 1 $
Product 2 $
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