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X Company uses an activity-based costing allocation system. On January 1, 2020, its accountant budgeted the following costs and cost drivers for three of the
X Company uses an activity-based costing allocation system. On January 1, 2020, its accountant budgeted the following costs and cost drivers for three of the activities that are used in the ABC system: Activity Purchasing Packaging Assembly Budgeted cost $51,600 $77,400 $129,000 Cost driver 4,200 purchase orders 12,300 finished units 86,600 parts In May of 2020, 565 units of Product C were finished, requiring $19,100 of direct materials, 4,000 direct labor hours, 1,099 parts, and 41 purchase orders. How much of the three activity costs was allocated to Product C [round overhead rate(s) to two decimal places]? A: $1,866 B: $2,333 C: $2,916 D: $3,645 E: $4,556 F: $5,695
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