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: Department A All Products Product X Overhead $6,900,000 Direct labor hours 60,000 724 Machine hours 100,000 1,000 Units produced 58,000 770 Department B Overhead $2,000,000 Direct labor hours 60,000 286 Machine hours 130,000 800 Units produced 42,000 770 Using a single-driver allocation system, with machine hours as the driver, how much overhead was allocated to Product X [round overhead rate(s) to two decimal places]? Submit Answer Tries 0/3