Orange, Inc. has identified the following cost drivers for its expected overhead costs for the year. Cost Pools Setup Ordering Maintenance Power Budgeted Cost $110,000 55,000 137,500 27,500 Cost Driver Number of setups Number of orders Machine hours Kilowatt hours Cost Driver Level 550 2,750 13,750 27,500 Total direct labor hours budgeted = 5,500 hours The following data applies to Product X, one of the products completed during the year, Direct materials Direct labor Units completed Direct labor hours Number of setups Number of orders Machine hours Kilowatt hours $2,750 $3,300 275 110 11 22 110 mos 275 If the activity-based cost drivers are used to allocate overhead cost, the total overhead cost of Product X will be O $3,955 O $4,015 $5,500 O $6,600 $5,015