Assume that x company has decided to switch to a

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Reference no: EM13588439

Assume that X Company has decided to switch to a departmental allocation system. It has two departments and will use direct labor hours as the cost driver in Department 1 and machine hours as the cost driver in Department 2. The following are budgeted costs and driver amounts for these two departments in 2015:

	Department 1	Department 2
Overhead	$80,000	$48,000
Direct labor	$680,000	$850,000
Direct labor hours	40,000	50,000
Machine hours	120,000	130,000

Assume the following information for Product 1 in 2015:

	Department 1	Department 2
Direct labor	$13,566	$1,802
Direct labor hours	798	106
Machine hours	1,010	880

Using the departmental allocation system, how much overhead was allocated to Product 1 (round overhead rate(s) to the nearest cent and your final answer to the nearest dollar)?

Reference no: EM13588439

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