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	$7,900,000	--
Direct labor hours	60,000	788
Machine hours	120,000	1,080
Units produced	58,000	560
Department B
Overhead	$1,900,000	--
Direct labor hours	40,000	142
Machine hours	130,000	900
Units produced	46,000	560

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]?