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Bag Ladies, Inc. manufactures two kinds of bagstotes and satchels. The company allocates manufacturing overhead using a single plantwide rate with direct labor cost as
Bag Ladies, Inc. manufactures two kinds of bagstotes and satchels. The company allocates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base. Estimated overhead costs for the year are $24,250. Additional estimated information is given below. Totes Satchels Direct materials cost per unit $30 $45 Direct labor cost per unit $51 $65 Number of units 500 370 Calculate the amount of overhead to be allocated to Totes. (Round any percentages to two decimal places
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