Mallard, Corp. produces duck-friendly pellets that it sells to a local marina that fully stocks its vending machines for local tourists. Mark, the accountant at Mallard, would like to suggest the implementation of Activity-Based Costing (ABC) and has identified several activities for the factory. Mallard has the following budgeted costs: Direct Materials (DM), $322,600.00; and Direct Labor (DL), $167,980.00. Their budgeted Manufacturing Overhead (MOH) costs are comprised of the following: Setup, $89,550.00 (7,700 setup hours); Production, $498,020.00 (105,200 machine hours); and Maintenance, $52,804.00 (10,300 maintenance hours). How much of the MOH costs will be allocated during the year using activity-based rates considering the actual usage of 807 setup hours, 14,709 machine hours, and 2,600 maintenance hours. (If required, round calculations to two decimal places.)

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The Answer of Mallard, Corp. produces duck-friendly pellets that it sells to a local marina that fully stocks its vending machines for local tourists. Mark, the accountant at Mallard, would like to suggest the implementation of Activity-Based Costing (ABC) and has identified several activities for the factory. Mallard has the following budgeted costs: Direct Materials (DM), $322,600.00; and Direct Labor (DL), $167,980.00. Their budgeted Manufacturing Overhead (MOH) costs are comprised of the following: Setup, $89,550.00 (7,700 setup hours); Production, $498,020.00 (105,200 machine hours); and Maintenance, $52,804.00 (10,300 maintenance hours). How much of the MOH costs will be allocated during the year using activity-based rates considering the actual usage of 807 setup hours, 14,709 machine hours, and 2,600 maintenance hours. (If required, round calculations to two decimal places.)