X Company uses an activity-based costing overhead allocation system. It has identified three activities and...
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Accounting
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: Budgeted Cost $104,000 58,000 54,000 $216,000 Activity Setup Purchasing Packaging Total The following cost driver information is available for the company's only two products, A and B: Cost Driver setup hours purchase orders packages Product A 29,200 50,200 67,800 Product B 71,200 43,000 51,400 How much overhead was allocated to Product A (round overhead rates to two decimal places)
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