X Company, a merchandiser, buys and sells two different products, 1 and 2. The rm uses a single driver system to allocate its period expenses to these products Budgeted revenues and expenses for the coming year are as follows: Product 1 Product 2 Total Revenue $1,135,000 $1,090,000 $2,225,000 Expenses Cost of Good Sold $681,000 $654,000 $1,335,000 Period expenses $389,000