Question: Week 4 - Chapter 4 Quiz i Saved Help Save & Exit Submit Orange, Inc. has identified the following cost drivers for its expected overhead

 Week 4 - Chapter 4 Quiz i Saved Help Save &

Week 4 - Chapter 4 Quiz i Saved Help Save & Exit Submit Orange, Inc. has identified the following cost drivers for its expected overhead costs for the year: 11 Expected Expected Overhead Item Cost Cost Driver Quantity Setup costs $ 53, 500 Number of setups 250 01:05:50 Ordering costs 37,000 Number of orders 1, 500 Maintenance 114,000 Machine hours 2 , 000 Power 23, 500 Kilowatt hours 4 , 000 Total Overhead $ 228, 000 Total direct labor hours budgeted = 2,000 hours. The following actual data applies to one of the products completed during the year: Product X Direct materials $ 5,700 Number of setups 5 Direct labor $ 3,700 Number of orders 50 Units completed 100 Machine hours 50 Direct labor hours 100 Kilowatt hours 500 If Orange, Inc. uses machine hours to allocate overhead cost, the unit product cost of Product X will be

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