Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and inspection, which uses number of batches as an activity driver. The activity rate for Machining is $140 per machine hour, and the activity rate for Inspection is $500 per batch The activity drivers are used as follows Product Product x Total Machine hours 1,100 3,500 4,600 Number of batches 53 21 What is the amount of Machining cost assigned to Product X? 74 Multiple Choice $550,000