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Cain Company makes three products in its factory: plastic cups, plastic tablecloths, and plastic bottles. The expected overhead costs for the next fiscal year include

Cain 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 managers salary $ 175,000 Factory utility cost 64,000 Factory supplies 11,000 Total overhead costs $ 250,000

Cain uses machine hours as the cost driver to allocate overhead costs. Budgeted machine hours for the products are as follows:

Cups 200 Hours Tablecloths 600 Bottles 800 Total machine hours 1,600

Required:

a.

Allocate the budgeted overhead costs to the products. (Round "Allocation rate" to 2 decimal places.

cups allocation rate X Weight of Base = Allocated cost

tabelecloths

bottles

totals

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