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On January 1, 2020, X Company estimated the following costs for the year: Direct materials $60,900 Direct labor 81,200 Factory supplies 22,000 Factory maintenance 30,700

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

Direct materials $60,900
Direct labor 81,200
Factory supplies 22,000
Factory maintenance 30,700
Marketing research 40,600
Factory rent 45,900
Sales salaries 41,000
Factory insurance 69,900

X Company also estimated 5,800 direct labor hours and 60,000 machine hours for the year.

The company uses a plantwide overhead allcoation system, with direct labor hours as the cost driver.

If the direct labor cost for one of its products was $12,180, and the product required 754 direct labor hours, how much overhead was allocated to it (round overhead rate(s) to two decimal places)?

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