X Company uses an activity based costing overhead allocation system It has identified three activities and three cost drivers The activities and budgeted costs are as follows Activity Budgeted Cost Setup $112,000 Purchasing $58,000 Machine Maintenance $55,000 The following cost driver information is available for the company's only two products, A and B Cost Driver Product A Product B setup hours 32,100 76,600 purchase orders 51,000 40,100 machine hours 69,900 50,600 How much overhead was allocated to Product A (round overhead rates to two decimal places)

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Question: X Company uses an activity-based costing overhead allocation system. It has identified three activities and three cost drivers. The activities and budgeted costs are as

X Company uses an activity-based costing overhead allocation system. It has identified three activities and three cost drivers. The activities and budgeted costs are as follows:

Activity		Budgeted Cost
Setup		$112,000
Purchasing		$58,000
Machine Maintenance		$55,000

The following cost driver information is available for the company's only two products, A and B:

Cost Driver	Product A	Product B
setup hours	32,100	76,600
purchase orders	51,000	40,100
machine hours	69,900	50,600

How much overhead was allocated to Product A? (round overhead rates to two decimal places)?

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