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Everlast Co. manufactures a variety of drill bits. The company's plant is partially automated. The budget for the year includes $468,000 payroll for 5,400 direct
Everlast Co. manufactures a variety of drill bits. The company's plant is partially automated. The budget for the year includes $468,000 payroll for 5,400 direct labor-hours. Listed below is cost driver information used in the product-costing system: Overhead Cost Pool Budgeted Overhead Cost Driver Estimated Cost Driver Level Machine setups $ 338,450 # of setups 50 setups Materials handling 106,200 # of barrels 8,850 barrels Quality control 378,000 # of inspections 1,400 inspections Other overhead cost 243,000 # of machine hours 13,500 machine hours Total overhead $ 1,065,650 A current product order has the following requirements: Machine setups 12 setups Materials handling 624 barrels Quality inspections 82 inspections Machine hours 900 machine hours Direct labor hour 372 hours Using ABC, how much machine setup overhead is assigned to the order
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