Question 18

Computer Parts Inc., a manufacturer of computer chips, employs activity-based costing. The following budgeted data for each of the activity cost pools are provided for the year 2020.

Activity Cost Pools Estimated Overhead EstimatedUse of Cost Drivers per Activity

Ordering and receiving $119,072 24,400 orders

Etching 622,400 77,800 machine hours

Soldering 1,631,548 458,300 labour hours

For 2020, the company had 13,900 orders and used 51,900 machine hours, and labour hours totalled 712,000. What is the total overhead applied?(Round overhead rates to 2 decimal places, e.g. 15.25 and final answer to 0 decimal places, e.g. 5,725.)

Total Overhead Applied $