Brenot 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 Machine related (machine-hours) Batch setup (setups) General factory (direct labor-hours) Estimated Overhead Cost $379,600 $1,144,800 27,000 $420,500 Expected Activity 13,000MHs 29.000 DLHS Actual Activity for the Year setups The actual activity for the year was Total Product X Product Y Activity Cost Pools Machine related (machine-hours) 13,000 11,000 Batch setup (setups) General factory (direct labor-hours) 30,000 24,000 2,000 26,000 3000 23,000 6.000 The actual total manufacturing overhead cost incurred for the year was $1,942,300 The total amount of overhead cost allocated to Product X during the year would be closest to Select one: a $1,145,000 b S972.450 c. $796,400 d $224,000 Check