2.7

Below is the information on FancyFancy Corp. - FancyFancy Corp. is a clothing manufacturing company with two departments - Department X and Department Y. - It uses the following predetermined overhead rates (cost driver rates) in applying overhead to production orders: labor co for Department X and labor hours for Department Y. In other words, it uses a 2-stage costing system with two cost pool one for Department XOH Costs and one for Department YOH Costs, with the stated cost drivers. - The predetermined overhead rates are 300% for Department X and $60 per hour for Department Y. - The following table provides information for one of Happiness Corp.'s products. Using the information above, what is the total cost of this product? $3,130 $1,140 $230 $1,510 $2,220 $910