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A company incurs $1190000 of overhead each year in three departments, Processing Packaging and Testing The company performs 800 processing transactions, 192000 packaging transactions, and

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A company incurs $1190000 of overhead each year in three departments, Processing Packaging and Testing The company performs 800 processing transactions, 192000 packaging transactions, and 2000 tests per year in producing 405000 drums of oil and 609000 drums of sludge. The following data are available: Department Use of Cost Driver Cost Processing 800 S508000 Packaging 192000 508000 Testing 2000 174000 Production information for oil is as follows: Department of Cost Driver Processing 400 Packaging 120000 Testing 1500 calculate the amount of overhead assigned to oil. S488000 S418000 5595000 5702000

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