X Company is using a plantwide system to allocate overhead costs in 2022, with direct labor hours as the cost driver. Its estimated overhead cost function for 2022 is $3.98 X + $8,800, where X is direct labor hours. The following are additional estimates for the entire year: Direct materials Direct labor Direct labor hours Machine hours The following are actual results for a particular product that was produced in January of 2022: Direct materials Direct labor Direct labor hours Machine hours $69,300 $75,400 5,800 19,500 $16,632 $6,032 754 1,560 Using the plantwide system, how much overhead was allocated to this product [round overhead rate(s) to two decimal places]? Submit Answer Tries 0/3