Archie Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products.
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Question:
Archie Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products.
| Activity Cost Pools | Activity Rate | |
|---|---|---|
| Setting up batches | $ 82.51 | per batch |
| Processing customer orders | $ 63.15 | per customer order |
| Assembling products | $ 1.83 | per assembly hour |
Last year, Product X26X required 34 batches, 1 customer order, and 369 assembly hours.
Required:
How much overhead cost would be assigned to Product X26X using the company's activity-based costing system? (Round your intermediate calculations and final answer to 2 decimal places.)
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