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Bally Incorporated has identified the following cost drivers for its expected overhead costs for the year: Cost Pools Budgeted Cost Cost Driver Cost Driver Level

Bally Incorporated has identified the following cost drivers for its expected overhead costs for the year:
Cost Pools Budgeted Cost Cost Driver Cost Driver Level
Setup $ 150,000 Number of setups 750
Ordering 75,000 Number of orders 3,750
Maintenance 187,500 Machine hours 18,750
Power 37,500 Kilowatt hours 37,500
Total direct labor hours budgeted =7,500 hours.
The following data applies to Product X, one of the products completed during the year.
Direct materials $ 3,750
Direct labor $ 4,500
Units completed 375
Direct labor hours 150
Number of setups 15
Number of orders 30
Machine hours 150
Kilowatt hours 375
If the activity-based cost drivers are used to allocate overhead cost, the total overhead cost of Product X will be:

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