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 Product Testing Machine Maintenance Total Budgeted Cost $111,000 58,000 59,000 $228,000 The following cost driver information is available for the company's only two products, A and B: Cost Driver setup hours tests machine hours Product A 27,600 47,700 77,000 Product B 70,900 41,300 45,600 How much overhead was allocated to Product B (round overhead rates to two decimal places)