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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 $864,000. 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 $864,000. 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 600 28,800 4,000 Direct labor hours per unit 7 2 5 Direct labor wage rate $16.00 $22.00 $27.00 How much overhead was allocated to Product Y [round the overhead rate to m decimal places]

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