X Company has two production departments. Listed below is budgeted information for 2022 for the two departments, and actual information for one of its products during the year: All Products Overhead Direct labor Direct labor hours Machine hours Units produced Product 1 Overhead Direct labor Direct labor hours Department X $5,400,000 $1,020,000 60,000 120,000 54,000 Department Y $2,100,000 $850,000 50,000 140,000 38,000 $1,836 108 870 550 Machine hours Units produced $12,784 752 1,090 800 3. If the company had used a plantwide cost allocation system in 2022, with direct labor hours as the cost driver, what would have been the allocation to Product 1? A: $42,834 B: $50,115 OC: $58,635 OD: $68,603 OE: $80,265 OF: $93,910 Submit Answer Tries 0/99 4. If the company had used a departmental cost allocation system in 2022, with units produced as the cost driver in Department X and direct labor as the cost driver in Department Y, what would have been the allocation to Product 1? A: $40,207 OB: $58,300 OC: $84,535 OD: $122,576 E: $177,735 OF: $257,715 Submit Answer Tries 0/99