Question: X Company uses an activity-based costing overhead allocation system. It has identified the following three overhead activities and costs. Activity Budgeted Cost Setup $109,000 Product

X Company uses an activity-based costing overhead allocation system. It has identified the following three overhead activities and costs.

Activity Budgeted Cost
Setup $109,000
Product Testing 58,000
Packaging 61,000
Total $228,000

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

Cost Driver Product A Product B
setup hours 18,100 51,500
tests 28,400 36,100
packages 66,100 27,000

How much overhead was allocated to Product B [round overhead rate(s) to two decimal places]?

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