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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 $936,000. The following
X Company uses a plantwide overhead allocation system, with direct labor cost as the cost driver. Budgeted overhead for the year is $936,000. The following annual budgeted and actual information is available for the only three products that it produces - X, Y, Z: z Units of production 480 36,500 3,700 Direct labor hours per unit 7 2 4 Direct labor wage rate $17.00 $22.00 $28.00 How much overhead was allocated to Product Y [round the overhead rate to two decimal places]? A: $236,814 OB: $296,018 OC: $370,022 OD: $462,528 DE: $578,160 OF: $722,700
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