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X Company uses a plantwide overhead allocation system, with direct labor hours as the cost driver. Budgeted overhead for the year is $820,000. The following

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X Company uses a plantwide overhead allocation system, with direct labor hours as the cost driver. Budgeted overhead for the year is $820,000. The following annual budgeted and actual information is available for the only three products that it produces - X, Y, Z: X Y 2 Units of production 460 38,700 2,500 Direct labor hours per unit 6 4 4 Direct labor wage rate $19.00 $23.00 $25.00 How much overhead was allocated to Product 2 [round the overhead rate to tw_o decimal places]

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