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 Setup Purchasing Machine Maintenance Total Budgeted Cost $108,000 52,000 53,000 $213,000 The following cost driver information is available for the company's only two products, A and B: Cost Driver setup hours purchase orders machine hours Product A 31,200 45,600 70,400 Product B 76,500 43,000 45,900 How much overhead was allocated to Product B (round overhead rates to two decimal places)? A: $62,700 B: $87,900OC: $101,000 OD: $111,000 OE: $122,984 OF: $135,000 Submit Answer Tries 0/99