X Company has two production departments, X and Y Listed below is budgeted information for the two departments, and actual information for one of its products, Product 1 Department X All Products Product 1 Overhead $6,300,000 Direct labor $1,020,000 $13,702 Direct labor hours 60,000 806 Machine hours 120,000 1,020 Units produced 55,000 690 Department Y Overhead $1,800,000 Direct labor $680,000 $3,026 Direct labor hours 40,000 178 Machine hours 130,000 810 Units produced 44,000 690 Using a departmental allocation system with direct labor hours as the cost driver in Department X and machine hours as the cost driver in Department Y, what was the allocation to Product 1 round rate(s) to two decimal places

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X Company has two production departments, X and Y. Listed below is budgeted information for the two departments, and actual information for one of its

X Company has two production departments, X and Y. Listed below is budgeted information for the two departments, and actual information for one of its products, Product 1:

Department X	All Products	Product 1
Overhead	$6,300,000	-
Direct labor	$1,020,000	$13,702
Direct labor hours	60,000	806
Machine hours	120,000	1,020
Units produced	55,000	690
Department Y
Overhead	$1,800,000	-
Direct labor	$680,000	$3,026
Direct labor hours	40,000	178
Machine hours	130,000	810
Units produced	44,000	690

Using a departmental allocation system with direct labor hours as the cost driver in Department X and machine hours as the cost driver in Department Y, what was the allocation to Product 1 [round rate(s) to two decimal places]?