Question
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 $24,500. Additional estimated information is given below. Totes Satchels Direct materials cost per unit $31 $41 Direct labor cost per unit $53 $63 Number of units 500 360 Calculate the amount of overhead to be allocated to Totes. (Round any percentages to two decimal places and your final answer to the nearest dollar.
a | $11,299 |
b | $13,202 |
c | $462 |
d | $333 |
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