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: Product 1 All Products $4,000,000 $800,000 50,000 120,000 50,000 $11,360 710 1,020 670 Department x Overhead Direct labor Direct labor hours Machine hours Units produced Department y Overhead Direct labor Direct labor hours Machine hours Units produced $1,900,000 $960,000 60,000 120,000 36,000 $4,720 295 870 670 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)? OA: $37,661 OB: $44,063 OC: $51,554 OD: $60,318| OE: $70,572 OF: $82,569 Submit Answer Tries 0/99