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How much overhead was allocated to Product X

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Question - X Company uses a plantwide overhead allocation system, with direct labor cost as the cost driver. Budgeted overhead for the year is $849,000. 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

500

24,900

4,400

Direct Labor Hours Per unit

7

3

3

Direct Labor wage rate

$16.00

$23.00

$27.00

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

Reference no: EM132687756

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