X company uses an activity-based costing overhead, Ask an Expert

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X Company uses an activity-based costing overhead allocation system. It has identified three activities - Setup, Purchasing, Packaging - and their respective cost drivers - setup hours, purchase orders, packages. Budgeted activity costs are as follows:

Activity Budgeted

Cost Setup $108,000

Purchasing 56,000

Packaging 53,800

The following cost driver information is available for its products:

Product A All Products

setup hours 27,600 887,000

purchase orders 46,400 875,100

packages 72,500 974,900

How much overhead was allocated to Product A (overhead rates to two decimal places)?

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M92039889

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