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Gary Knitting Associates manufactures two products, X and Y. The company's overhead of $84,000.00 has been divided into three cost pools the use the following

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Gary Knitting Associates manufactures two products, X and Y. The company's overhead of $84,000.00 has been divided into three cost pools the use the following activity drivers: Product # of Setups Machine Hours Packing Orders 500 10 2000 175 Cost per Pool $9,000.00 $60,000.00 $ 15,000.00 10 75 Using machine hours as the allocation rate for the complete overhead, what would be the assigned overhead cost to product X? Select one: O a. $84,000.00 b. $12,000.00 c. $16,800.00 d. $60,000.00 o e. $30,000.00

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