X Company has two production departments, A and B. The following is budgeted information for...
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X Company has two production departments, A and B. The following is budgeted information for all of its products in 2019, and actual information for one of them, Product Department A Product X Overhead - - All Products $4,300,000 40,000 110,000 51,000 846 1,090 770 Direct labor hours Machine hours Units produced Department B Overhead Direct labor hours Machine hours Units produced $1,800,000 40,000 120,000 44,000 176 900 770 Using a single-driver allocation system, with machine hours as the driver, how much overhead was allocated to Product X [round overhead rate(s) to two decimal places]? 56109
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