Angara Corporation uses activity-based costing to determine product costs for external financial reports. The company has provided the following data concerning its activity-based costing system: 
Assuming that actual activity turns out to be the same as expected activity, the total amount of overhead cost allocated to Product X would be closest to:
Definitions:
Prices
The amount of money required to purchase a good, service, or asset, often determined by supply and demand dynamics in the market.
Hedge
Investment protection method utilized to reduce the potential for financial loss by offsetting price movements in a related asset.
Futures Contracts
Futures Contracts are legal agreements to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future, widely used for hedging and speculative purposes.
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