On January 1, 2020, X Company estimated the following costs for the year: Direct materials Direct labor Factory supplies Factory supervision Marketing research Factory rent Sales salaries Factory insurance $62,700 83,200 20,400 29,400 40,500 43,200 46,000 60,900 X Company also estimated 5,200 direct labor hours and 63,000 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 $16,640, and the product required 572 direct labor hours, how much overhead was allocated to it (round overhead rate(s) to two decimal places)? A: $8,053 B: $11,677 C: $16,931 D: $24,550 E: $35,598 F: $51,617