How much overhead was allocated to Product B

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Question - 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:

Activity Budgeted Cost

Setup $105,000

Product Testing 51,000

Packaging 56,000

Total $212,000

The following cost driver information is available for the company's only two products, A and B:

Cost Driver Product A Product B Total

setup hours 17,400 47,600 65,000

tests 31,100 39,800 70,900

packages 69,800 26,700 96,500

Required - How much overhead was allocated to Product B [round overhead rate(s) to two decimal places]?

Reference no: EM132997954

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