On January 1, 2020, X Company estimated the following costs for the year:

On January 1, 2020, X Company estimated the following costs for the year: Direct materials Direct labor Factory supplies Factory maintenance Advertising Factory rent Sales salaries Factory insurance $64,700 79,500 19,900 31,800 45,600 49,300 48,000 60,900 X Company also estimated 5,300 direct labor hours and 70,000 machine hours for the year. The company uses a plantwide overhead allcoation system, with direct labor cost as the cost driver. If the direct labor cost for one of its products was $7,950, and the product required 742 direct labor hours, how much overhead was allocated to it (round overhead rate(s) to two decimal places)? A: $2,530 B: $3,669| O C: $5,320 D: $7,714 E: $11,185 F: $16,218 Submit Anomor Triaco