Alongi Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products.
Activities |
Activity Rate |
Setting up batches |
$ |
74.76 |
per batch |
Processing customer orders |
$ |
55.40 |
per customer order |
Assembling products |
$ |
1.36 |
per assembly hour |
|
Last year, Product P91M involved 33 batches, 1 customer orders, and 368 assembly hours. |
|
Required: |
How much overhead cost would be assigned to Product P91M using the company's activity-based costing system? (Do not round your intermediate calculation. Round your final answer to two decimal places.)
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