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Angara Corporation uses activity-based costing to determine product costs for external financial reports. The company has provided the following data concerning its activity-based costing system:
Angara Corporation uses activity-based costing to determine product costs for external financial reports. The company has provided the following data concerning its activity-based costing system: |
Activities (and Activity Measures) | Estimated Overhead Cost |
Machine related (machine-hours) | $292,640 |
Batch setup (setups) | $315,900 |
General factory (direct labour-hours) | $220,320 |
Expected Activity | |||
Activities | Product X | Product Y | Total |
Machine related | 4,900 | 6,900 | 11,800 |
Batch setup | 9,800 | 1,900 | 11,700 |
General factory | 3,900 | 6,900 | 10,800 |
Assuming that actual activity turns out to be the same as expected activity, the total amount of overhead cost allocated to Product X would be closest to: |
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