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X Company uses a plantwide overhead allocation system, with direct labor cost as the cost driver. Budgeted overhead for the year is $867,000. The following

X Company uses a plantwide overhead allocation system, with direct labor cost as the cost driver. Budgeted overhead for the year is $867,000. The following annual budgeted and actual information is available for the only three products that it produces - X, Y, Z:

X Y Z
Units of production 1,000 33,000 3,100
Direct labor hours per unit 8 4 3
Direct labor wage rate $17.00 $24.00 $26.00

How much overhead was allocated to Product Z [round the overhead rate to two decimal places]?

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