Breda Corporation uses activity-based costing to determine product costs for external financial reports. Activity rates computed at the beginning of the year are used to apply manufacturing overhead costs to products. The company has provided the following data concerning its activity-based costing system.

The data used to develop activity rates were:

Activity Cost Pools Estimated Overhead Cost Expected Activity Machine related (machine-hours) $190,500 15,000 machine hours Batch setup (setups) $621,600 28,000 setups General factory (direct labor-hours) $376,800 24,000 direct labor hours

The actual activity for the year was: ------ACTUAL ACTIVITY FOR THE YEAR----- Activity Cost Pools Product X Product Y Total Machine related (machine-hours) 4,000 13,000 17,000 Batch setup (setups) 26,000 4,000 30,000 General factory (direct labor-hours) 2,000 21,000 23,000

The actual total manufacturing overhead cost incurred for the year was $1,203,200.

The total amount of overhead cost allocated to Product X during the year would be closest to:

Question 29 options:

	$ 659,400
	$1,030,000
	$ 594,450
	$ 621,000