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

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 Budgeted Cost Setup $106,000 Purchasing Machine Maintenance $55,000 $58,000 The following cost driver information is available for the company’s only two products, A a nd B Cost Driver Product A Product B 31,600 74,400 setup hours purchase orders 53,200 37,400 machine hours 70,500 52,900 How much overhead was allocated to Product A? (round overhead rates to two decimal places)? Tries 0/3 Submit Answer

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