Hollins, Inc., a manufacturer of computer chips, employs activity-based costing. The budgeted data for each of the activity cost pools is provided below for the year 2012.
|
Estimated |
Expected Use of |
|
|
Activity Cost Pools |
Overhead |
Cost Drivers per Activity |
|
Ordering and receiving |
$90,000 |
12,000 orders |
|
Etching |
480,000 |
60,000 machine hours |
|
Soldering |
1,760,000 |
440,000 labor hours |
For 2012, the company had 11,000 orders and used 50,000 machine hours, and labor hours totaled 500,000. What is the total overhead applied?