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X Company uses an activity-based costing overhead allocation system. It has identified the following three overhead activities and costs. Activity Material Handling Purchasing Machine Maintenance
X Company uses an activity-based costing overhead allocation system. It has identified the following three overhead activities and costs. Activity Material Handling Purchasing Machine Maintenance Budgeted Cost $111,000 59,000 55,000 $225,000 Total The following relevant cost driver information is available for the company's only two products, A and B: Cost Driver pounds of material purchase orders machine hours Product A 19,400 25,300 64,800 Product B 45,000 42,800 25,400 How much overhead was allocated to Product A [round overhead rate(s) to two decimal places]
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