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 $104,000 Purchasing

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

Activity Budgeted Cost
Setup $104,000
Purchasing 54,000
Packaging 61,000
Total $219,000

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 22,900 55,300
purchase orders 34,000 41,200
packages 67,800 27,000

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

A: $84,042 B: $98,329 C: $115,045 D: $134,603 E: $157,485 F: $184,257

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