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X Company has two production departments, 1 and 2. Listed below is budgeted information for the two departments for the year, and actual information for
X Company has two production departments, 1 and 2. Listed below is budgeted information for the two departments for the year, and actual information for one of the products that it produced during the year, Product X: All Products Department 1 Department 2 Overhead Direct labor Direct labor hours Machine hours Units produced $2,300,000 $750,000 50,000 100,000 53,000 $2,200,000 $900,000 60,000 130,000 50,000 Product X Overhead Direct labor Direct labor hours Machine hours Units produced $1,830 122 820 860 $10,755 1,000 860 Using a departmental allocation system with units produced as the cost driver in Department 1 and direct labor as the cost driver in Department 2, what was the allocation to Product X [round allocation rates to two decimal places]? Submit Answer Tries 0/3
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