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Cost Accounting: Angel Corporation uses activity-based costing to determine product costs for
Angel Corporation uses activity-based costing to determine product costs for external financial reports. The company has provided the following data concerning its activity-based costing system:
Activity Cost Pools (and Activity Measures) Estimated Overhead Cost
Machine related (machine-hours) $ 244,800
Batch setup (setups) $ 243,660
Order size (direct labor-hours) $ 165,600
Activity Cost Pools Expected Activity
Product X Product Y Total
Machine related 4,100 6,100 10,200
Batch setup 8,200 1,100 9,300
Order size 3,100 6,100 9,200
Assuming that actual activity turns out to be the same as expected activity, the total amount of overhead cost allocated to Product X would be closest to:
Note: Round your intermediate calculations to 2 decimal places.
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