3 Exercise 4-6A (Algo) Allocating overhead costs among products LO 4-3 Jordan Company makes three products in its factory plastic cups, plastic tablecloths, and plastic bottles. The expected overhead costs for the next fiscal year include the following Factory manager's salary Factory utility cost Factory supplies Book Total overhead costs Phim $224,100 74,000 30,000 $328,100 Jordan uses machine hours as the cost driver to allocate overhead costs Budgeted machine hours for the products are as follows Cups Tablecloths Bottles 280 Hours 700 950 Total machine hours 1,938 Required: Allocate the budgeted overhead costs to the products. Product Cops Tablecotho Allocation Rate Weight of Base Allocated Cost x Boltles Total