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 $103,000 55,000 55,000 $213,000 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 29,200 69,100 Product B 62,200 40,700 25,400 How much overhead was allocated to Product A (round overhead rate(s) to two decimal places)? Submit Answer Tries 0/3

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