X Company has two production departments, 1 and 2. Listed below is budgeted information for the two departments, and actual information for one of its products, Product X: All Product Department 1 Products Overhead $6,800,000 Direct labor $800,000 $12,560 Direct labor hours 50,000 785 Machine hours 100,000 1,040 Units produced 54,000 560 Department 2 Overhead $2,100,000 Direct labor $800,000 $3,824 Direct labor hours 50,000 239 Machine hours 120,000 800 Units produced 49,000 560 Using a departmental allocation system with direct labor hours as the cost driver in Department 1 and machine hours as the cost driver in Department 2, what was the allocation to Product X [round rate(s) to two decimal places]