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Orange, Inc. has identified the following cost drivers for its expected overhead costs for the...

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Accounting

Orange, Inc. has identified the following cost drivers for its expected overhead costs for the year:

Cost Pools Budgeted Cost Cost Driver Cost Driver Level
Setup $ 150,000 Number of setups 750
Ordering 75,000 Number of orders 3,750
Maintenance 187,500 Machine hours 18,750
Power 37,500 Kilowatt hours 37,500

Total direct labor hours budgeted = 7,500 hours.

The following data applies to Product X, one of the products completed during the year.

Direct materials $ 3,750
Direct labor $ 4,500
Units completed 375
Direct labor hours 150
Number of setups 15
Number of orders 30
Machine hours 150
Kilowatt hours 375

If the activity-based cost drivers are used to allocate overhead cost, the total overhead cost of Product X will be:

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