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XYZ Inc. manufactures remote controls. Currently the company uses a plant-wide rate for allocating manufacturing overhead. The plant manager is considering switching-over to activity-based costing

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XYZ Inc. manufactures remote controls. Currently the company uses a plant-wide rate for allocating manufacturing overhead. The plant manager is considering switching-over to activity-based costing system and has asked the accounting department to identify the primary production activities and their cost drivers which are as follows: The current traditional costing system allocates overhead based on direct manufacturing labor hours using a rate of $20 per labor hour. XYZ is currently producing one batch of 8 remote controls. This batch requires 80 parts, 15 direct manufacturing labor hours, and 6 minutes of inspection time. What is the indirect manufacturing cost per remote control under activity-based costing system? Note: Your answer should be in the format of " $,. Round interim calculations and the final answer to two decimal places. Use commas to separate thousands

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