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X Company produces many different product within its only manufacturing plant. It currently uses a single drive, plant wide allocation system to allocate overhead, with

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X Company produces many different product within its only manufacturing plant. It currently uses a single drive, plant wide allocation system to allocate overhead, with direct labor hours as the cost driver. Assume the following cost and drive information for its plant in 2015: Assume that one of its products required 959 direct labor hours and 1, 840 machine hours in 2015. How much overhead was allocated to this product (round overhead rate(s) to two decimal places)? _____

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