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X Company uses an activity-based costing overhead allocation system. It has identified three activities and three cost drivers. The activities and budgeted costs are as

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X Company uses an activity-based costing overhead allocation system. It has identified three activities and three cost drivers. The activities and budgeted costs are as follows: Activity Setup Purchasing Machine Maintenance Budgeted Cost $109,000 $54,000 $58,000 The following cost driver information is available for the company's only two products, A and B Cost Driver setup hours purchase orders machine hours Product A 27,200 48,900 68,600 Product EB 70,200 41,100 51,500 How much overhead was allocated to Product A? (round overhead rates to two decimal places)? 66498.48

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