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X Company has two production departments, A and B. The following is budgeted information for all of its products in 2019, and actual information for
X Company has two production departments, A and B. The following is budgeted information for all of its products in 2019, and actual information for one of them, Product X: Product X All Products $3,300,000 40,000 120,000 55,000 739 1,060 530 Department A Overhead Direct labor hours Machine hours Units produced Department B Overhead Direct labor hours Machine hours Units produced $2,000,000 60,000 120,000 36,000 149 810 530 Using a single-driver allocation system, with direct labor hours as the driver, how much overhead was allocated to Product X [round overhead rate(s) to two decimal places]? 22805.8
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