X Company has two production departments, 1 and 2. Listed below is budgeted information for...

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Accounting

X Company has two production departments, 1 and 2. Listed below is budgeted information for the two departments, and actual information for one of its products, Product A:
Department 1 All Products Product A
Overhead $2,300,000 -
Direct labor $960,000 $14,352
Direct labor hours 60,000 897
Machine hours 120,000 1,080
Units produced 53,000 640
Department 2
Overhead $1,800,000 -
Direct labor $800,000 $2,560
Direct labor hours 50,000 160
Machine hours 140,000 900
Units produced 36,000 640
Using a plantwide allocation system with direct labor hours as the cost driver, what was the allocation to Product A?
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AT&T 38% 23:52 s2.lite.msu.edu Print Info X Company has two production departments, 1 and 2 Listed below is budgeted information for the two departments, and actual information for one of its products, Product A Department All Products Product A Overhead $2,300,000 Direct $960,000 $14,352 897 1,080 640 labor Direct labor hours Machine 60,000 120,000 53,000 hours Units produced Department 2 Overhead $1,800,000 Direct $800,000 $2,560 160 900 640 labor Direct labor hours Machine 50,000 140,000 36,000 hours Units produced Using a plantwide allocation system with direct labor hours as the cost driver, what was the allocation to Product A? Submit AnswerTries 0/3

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