X Company is using a plantwide system to allocate overhead costs in 2022, with direct labor...

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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 $4.08 X + $8,400, where X is direct labor hours. The following are additional estimates for the entire year: Direct materials $69,000 Direct labor $79,800 Direct labor hours 5,700 18,000 Machine hours The following are actual results for a particular product that was produced in January of 2022: Direct materials $15,870 $6,384 Direct labor Direct labor hours 798 Machine hours 1,620 Using the plantwide system, how much overhead was allocated to this product [round overhead rate(s) to two decimal places]? Submit Answer Incorrect. Tries 2/3 Previous Tries 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 $4.08 X + $8,400, where X is direct labor hours. The following are additional estimates for the entire year: Direct materials $69,000 Direct labor $79,800 Direct labor hours 5,700 18,000 Machine hours The following are actual results for a particular product that was produced in January of 2022: Direct materials $15,870 $6,384 Direct labor Direct labor hours 798 Machine hours 1,620 Using the plantwide system, how much overhead was allocated to this product [round overhead rate(s) to two decimal places]? Submit Answer Incorrect. Tries 2/3 Previous Tries