CH4 & CHS Help Save & Exit Submit Power Company manufactures a variety of drill bits. The company's plant is partially automated. The budget for the year includes $588,000 payroll for 7,400 direct labor-hours Listed below is cost driver information used in the product-costing system: Overhead Cost Pool Budgeted Overhead Cost Driver $ 1,098,950 Number of setups 112,200 Number of barrels 888,000 Number of inspections 703,000 Number of machine hours $ 2,802,150 Machine setups Materials handling Quality control other overhead cost Total overhead A current product order has the following requirements: Machine setups Materials handling 22 setups Estimated Cost Driver Level 250 setups 9,350 barrels 2,400 inspections 18,500 machine hours Quality inspections Machine hours Direct labor hour 684 barrels 87 inspections 1,400 machine hours 492 hours What is the total manufacturing overhead for the current product order if the firm assigns overhead costs based on machine hours? (Round your intermediate calculation to 2 decimal places.) Multiple Choice $9.860 < Prev 36 of 40 Next >