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A company uses activity-based costing to determine the costs of its three products: A, B and C The budgeted cost and activity for each of

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A company uses activity-based costing to determine the costs of its three products: A, B and C The budgeted cost and activity for each of the company's three activities are shown in the following table Budgeted Activity Activity Budgeted cost Activity Cost Driver Product A Product B Product Activity 1 $ 81,000 Square feet 7,100 10,100 21,100 Activity 2 $ 56,000 Units inspected 8,100 16,100 9,100 Activity 3 $ 104,000 Setups 3,600 2,100 2,725 How much overhead will be assigned to Product B using activity-based costing? (Do not round intermediate calculations and round the final answer to 2 decimal places.)

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