Assume that X Company has decided to switch to an activity-based costing allocation system. It has identified three activities with the following budgeted costs and cost drivers for 2015:
| Activity |
Budgeted cost |
Cost driver |
| Purchasing |
$39,600 |
4,600 purchase orders |
| Assembly |
$99,000 |
87,400 parts |
| Packaging |
$59,400 |
14,900 finished units |
Assume that 800 unis of Product 1 were made in 2015, with 1,013 parts, and requiring 33 purchase orders. Using the activity-based costing allocation system, how much overhead was allocated to Product 1 (round overhead rate(s) to the nearest cent and your final answer to the nearest dollar)?