Question: X Company uses an activity-based costing overhead allocation system. It has identified the following three overhead activities and costs. Activity Setup Product Testing Machine Maintenance

X Company uses an activity-based costing overhead allocation system. It has

X Company uses an activity-based costing overhead allocation system. It has identified the following three overhead activities and costs. Activity Setup Product Testing Machine Maintenance Total Budgeted Cost $102,000 55,000 61,000 $218,000 The following relevant cost driver information is available for the company's only two products, A and B: Cost Driver setup hours tests machine hours Product A 22,700 28,400 68,500 Product B 65,000 43,900 25,100 How much overhead was allocated to Product B [round overhead rate(s) to two decimal places]? OA: $67,888|OB: $76,713 OC: $86,686 OD: $97,955 OE: $110,689 OF: $125,079 Submit Answer Tries 0/99

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